The RBI conducted a 3-day Variable Rate Reverse Repo auction on September 04, 2026, accepting ₹5,41,975 crore at a cut-off rate of 5.24%. This session saw a total of ₹7,00,000 crore notified.
Results of VRRR Auction Held on September 04, 2026
The Reserve Bank of India has announced the results of the Variable Rate Reverse Repo auction held on September 04, 2026. The total notified amount for this three-day auction was ₹7,00,000 crore. The RBI received offers amounting to ₹5,41,975 crore, all of which were accepted.
The cut-off rate for accepting bids during this auction was set at 5.24%. Notably, the weighted average rate also matched the cut-off rate at 5.24%. This reflects a uniformity in the bidding process, providing clarity on the prevailing liquidity conditions.
Such auctions are vital for managing the liquidity in the banking system and play a crucial role in determining the short-term interest rates. As seen from previous sessions, the acceptance at the cut-off rate can indicate a robust interest among participants in availing of liquidity.
Lending rates and economic confidence may be influenced by the outcomes of these auctions, thus practitioners in financial sectors should consider these results when strategizing for liquidity management.