The Reserve Bank of India has announced the results of the 3-day Variable Rate Reverse Repo (VRRR) auction held on August 21, 2026, with a total acceptance of ₹95,970 crore at a cutoff rate of 5.24%.
Result of 3-day Variable Rate Reverse Repo (VRRR) Auction
On August 21, 2026, the Reserve Bank of India conducted a Variable Rate Reverse Repo auction, which attracted total offers of ₹95,970 crore. The notified amount for the auction was ₹1,50,000 crore, with an accepted amount also standing at ₹95,970 crore. The cutoff rate was established at 5.24%, which was equivalent to the weighted average rate for this auction.
The VRRR mechanism is a crucial tool used by the RBI for managing liquidity in the financial system. The results of this auction indicate robust participation from financial institutions, highlighting continued demand for short-term liquidity solutions amidst evolving market conditions.
Legal practitioners and financial advisors should take note of these auction results while advising clients on liquidity management strategies and investment decisions, especially in light of the current economic climate.
Citations
- Reserve Bank of India Press Release (2026)