The RBI announced the results of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 19, 2026, with ₹1,50,000 crore notified amount and a cutoff rate of 5.24%. The total accepted amount was ₹1,25,825 crore.
Result Announcement: Overnight Variable Rate Reverse Repo Auction Held on August 19, 2026
The Reserve Bank of India has released the results for the Overnight Variable Rate Reverse Repo auction conducted on August 19, 2026. The auction had a notified amount of ₹1,50,000 crore, with the total offers received reaching ₹1,25,825 crore, and the entire offered amount was accepted.
The cutoff rate for this auction was set at 5.24%, which has implications for short-term interest rates and liquidity management. This reflects a continued demand for reverse repo facilities as banks look to manage their excess liquidity positions effectively.
Financial practitioners should analyze these results closely, as they indicate market sentiment regarding liquidity and the demand for central bank instruments, influencing their strategies and decisions in the near future.
Citations
- RBI Notification (2026) RBI Press Release
