RBI19 Aug 2026press-releasePrepared by Complied AI

Result of the Second Overnight Variable Rate Reverse Repo Auction

RBI press-release 2026-2027/931 · 19 Aug 2026

Official title

Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 20, 2026

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What changed

The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction. The auction has a notified amount of 50,000 crore rupees. The bank receives total offers of 53,938 crore rupees. The bank accepts 50,013 crore rupees. The cut off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent. The partial acceptance percentage for offers at the cut off rate is 92.7 percent.

Who is affected: Market participants participating in the overnight Variable Rate Reverse Repo auction.
Key dates: Date of the auction — 19 Aug 2026
Thresholds: The notified amount for the auction is 50,000 crore rupees.

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Source details

Source: Reserve Bank of India
Type: press-release
Published by source: 19 Aug 2026
Document number: 2026-2027/931
Issuing division: Department of Communication
Coverage area: banking

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August 20, 2026

Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 20, 2026

Tenor	1-day
Notified Amount (in ₹ crore)	50,000
Total amount of offers received (in ₹ crore)	53,938
Amount accepted (in ₹ crore)	50,013
Cut off Rate (%)	5.24
Weighted Average Rate (%)	5.24
Partial Acceptance Percentage of offers received at cut off rate	92.7

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/931

ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय įरज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi
संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001
Website : www.rbi.org.in
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
ई-मेल/email : helpdoc@rbi.org.in

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