Skip to main content
Results of the 7-day Variable Rate Reverse Repo Auction on August 24, 2026
Back to Court News
Reserve Bank of Indiabanking

Results of the 7-day Variable Rate Reverse Repo Auction on August 24, 2026

August 24, 2026

The RBI has announced the results of the 7-day Variable Rate Reverse Repo auction held on August 24, 2026. The total amount received in offers was ₹91,980 crore, which was fully accepted at a cut-off rate of 5.24%.

Results of the 7-day Variable Rate Reverse Repo Auction

The Reserve Bank of India has released the results of the 7-day Variable Rate Reverse Repo auction conducted on August 24, 2026. The total notified amount for this auction was ₹2,50,000 crore, with offers amounting to ₹91,980 crore received.

All submitted offers were accepted at a cut-off rate of 5.24%, which is also the weighted average rate for the auction. This reflects the current demand for liquidity management among participating banks, highlighting the proactive measures taken by the RBI to ensure market stability.

Legal and financial practitioners should monitor these results closely as they indicate prevailing liquidity conditions and can influence short-term interest rates in the banking sector.

Citations

  • RBI Press Release dated August 24, 2026
Practice Areas:banking

Related Articles

View All →
RBI Raises Repo Rate to 5.50% in Monetary Policy ReviewFeatured
Reserve Bank of Indiabankingcorporate

RBI Raises Repo Rate to 5.50% in Monetary Policy Review

The Monetary Policy Committee increased the policy repo rate by 25 basis points to 5.50% under the Liquidity Adjustment Facility, effective immediately.

Oct 8, 2026Read more →
RBI Launches ECL Framework for Forward-Looking ProvisioningFeatured
Reserve Bank of Indiabankingfinancial_regulation

RBI Launches ECL Framework for Forward-Looking Provisioning

From April 2027, banks must adopt the RBI’s Expected Credit Loss (ECL) framework, a three-stage provisioning model based on credit risk deterioration and Effective Interest Rate (EIR) calculations.

Oct 7, 2026Read more →
RBI Launches Expected Credit Loss Framework from April 2027Featured
Reserve Bank of Indiabankingcorporate

RBI Launches Expected Credit Loss Framework from April 2027

The RBI’s Expected Credit Loss (ECL) framework, effective April 2027, introduces a forward-looking, three-stage model for provisioning, replacing the current incurred loss approach. Banks must adopt EIR calculations and revised capital adequacy reporting.

Oct 5, 2026Read more →