Skip to main content
Overnight Variable Rate Reverse Repo Auction Results Announced
Back to Court News
Reserve Bank of Indiabankingcorporate

Overnight Variable Rate Reverse Repo Auction Results Announced

September 10, 2026

On September 10, 2026, the RBI accepted ₹3,96,694 crore in the Overnight Variable Rate Reverse Repo auction. The cut-off rate was fixed at 5.24%.

Results of Overnight Variable Rate Reverse Repo Auction

The Reserve Bank of India conducted an Overnight Variable Rate Reverse Repo auction on September 10, 2026, which resulted in the acceptance of ₹3,96,694 crore. The notified amount for this auction was set at ₹6,00,000 crore, indicating a significant interest from the banks and financial institutions.

The cut-off and weighted average rates for the auction were both pegged at 5.24%. This auction is a critical component of the liquidity management strategy employed by the RBI, allowing banks to park their excess funds securely.

For banking and financial practitioners, these results underscore the current liquidity conditions in the market. Monitoring the outcomes of such auctions can guide strategies related to cash management and investment decisions.

Citations

  • RBI Auction Announcement (2026) RBI Press Release 63563
Practice Areas:bankingcorporate

Related Articles

View All →
RBI Issues New Market Risk Capital Norms for Commercial BanksFeatured
Reserve Bank of India (Administrative Authority)bankingregulatory

RBI Issues New Market Risk Capital Norms for Commercial Banks

The RBI has introduced the Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Market Risk) Directions, 2026, effective September 21, 2026, to strengthen capital adequacy against trading book exposures.

Sep 29, 2026Read more →
RBI Notifies Designation of Terrorist OrganisationFeatured
Reserve Bank of Indiaregulatorycriminal

RBI Notifies Designation of Terrorist Organisation

RBI notifies financial entities of new terrorist organisation designated under UAPA, 1967. Mandates immediate asset freezes and compliance with surveillance protocols.

Oct 1, 2026Read more →
RBI Updates UAPA Terror List Compliance for FIsFeatured
Reserve Bank of Indiabankingregulatory

RBI Updates UAPA Terror List Compliance for FIs

RBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.

Oct 1, 2026Read more →