On August 14, 2026, the Reserve Bank of India reported the results of the 3-day Variable Rate Reverse Repo auction with a notified amount of ₹1,50,000 crore, receiving offers of ₹80,235 crore. The accepted amount mirrored the total offers at a cut-off and weighted average rate of 5.24%.
RBI Conducts 3-Day Variable Rate Reverse Repo Auction Results
On August 14, 2026, the Reserve Bank of India (RBI) conducted a 3-day Variable Rate Reverse Repo auction, which attracted offers amounting to ₹80,235 crore against a notified sum of ₹1,50,000 crore. The full amount of ₹80,235 crore was accepted at a cut-off and weighted average rate set at 5.24%.
This auction is significant because it helps manage liquidity within the financial system, allowing the RBI to absorb excess liquidity. By accepting the total offers, the RBI effectively signals its stance on current liquidity conditions and influences short-term interest rates through these monetary mechanisms.
Legal practitioners involved in financial services need to stay updated on such liquidity measures, as they can affect borrowing costs and influence investment decisions. These auctions are crucial for primary dealers and financial institutions participating in the money markets.
Citations
- Reserve Bank of India Press Release (2026) 1 RBI 101