RBI17 Aug 2026press-releasePrepared by Complied AI

Result of the second Overnight Variable Rate Reverse Repo auction

RBI press-release 2026-2027/916 · 17 Aug 2026

Official title

Result of the second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 18, 2026

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What changed

The Reserve Bank of India conducts an overnight variable rate reverse repo auction. The bank notifies an amount of 75,000 crore rupees. Market participants submit offers for the auction. The bank receives total offers of 36,595 crore rupees. The bank accepts the full amount of 36,595 crore rupees. The cut off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent.

Who is affected: Market participants in the overnight variable rate reverse repo auction
Required action: Submit offers for the overnight variable rate reverse repo auction
Key dates: Date of the auction — 17 Aug 2026
Thresholds: Notified amount for the auction is 75,000 crore rupees
Total amount of offers accepted is 36,595 crore rupees

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Source details

Source: Reserve Bank of India
Type: press-release
Published by source: 17 Aug 2026
Document number: 2026-2027/916
Issuing division: Department of Communication
Coverage area: banking

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August 18, 2026

Result of the second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 18, 2026

Tenor	1-day
Notified Amount (in ₹ crore)	75,000
Total amount of offers received (in ₹ crore)	36,595
Amount accepted (in ₹ crore)	36,595
Cut off Rate (%)	5.24
Weighted Average Rate (%)	5.24
Partial Acceptance Percentage of offers received at cut off rate	N.A.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/916

ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय įरज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi
Website : www.rbi.org.in
संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001
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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