The Reserve Bank of India announced the results of the Overnight Variable Rate Reverse Repo auction held on September 09, 2026, with an accepted amount of ₹4,61,586 crore and a cut-off rate of 5.24%. The auction reflects the current liquidity conditions in the market.
Overnight Variable Rate Reverse Repo Auction Results
The Reserve Bank of India (RBI) held an Overnight Variable Rate Reverse Repo (VRRR) auction on September 09, 2026, resulting in an accepted amount of ₹4,61,586 crore. The cut-off rate for this auction was set at 5.24%, with a weighted average rate also matching this figure.
The total notified amount for this auction was ₹5,00,000 crore, indicating strong market participation despite the cut-off rate being in place. The decision to conduct this auction was aligned with the RBI's ongoing assessment of the prevailing liquidity conditions.
This auction reflects the RBI's strategy to manage liquidity in the banking system effectively. As financial professionals track these developments, the consistency in offered amounts and the cut-off rates provide insights into the monetary policy stance of the RBI.
Citations
- RBI Auction Result (2026) RBI Press Release