RBI 7-day VRR Auction Results

RBI Press Releases

Published March 17th, 2026

Detected March 18th, 2026

Summary

The Reserve Bank of India (RBI) has released the results of its 7-day Variable Rate Repo (VRR) auction held on March 17, 2026. The auction saw a notified amount of ₹1,50,000 crore, with ₹48,014 crore allotted at a cut-off rate of 5.26%.

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What changed

The Reserve Bank of India (RBI) has published the results of a 7-day Variable Rate Repo (VRR) auction conducted on March 17, 2026. The auction had a notified amount of ₹1,50,000 crore, and the total bids received amounted to ₹48,014 crore, with the same amount being allotted. The cut-off rate and weighted average rate for the auction were both 5.26%.

This notice serves as an informational update on the RBI's liquidity management operations. Regulated entities, particularly banks, should note the outcome of this auction as it reflects current liquidity conditions and the RBI's policy stance. No specific actions are required from compliance officers based on this release, as it is a reporting of past auction results.

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Press Releases

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| Date : Mar 17, 2026 | | | | | | | | | | | | | | | |
| Result of the 7-day Variable Rate Repo (VRR) auction held on March 17, 2026 | | | | | | | | | | | | | | | |
| | \| Tenor \| 7-day \|
\| Notified Amount (in ₹ crore) \| 1,50,000 \|
\| Total amount of bids received (in ₹ crore) \| 48,014 \|
\| Amount allotted (in ₹ crore) \| 48,014 \|
\| Cut off Rate (%) \| 5.26 \|
\| Weighted Average Rate (%) \| 5.26 \|
\| Partial Allotment Percentage of bids received at cut off rate (%) \| NA \|
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2274 | Tenor | 7-day | Notified Amount (in ₹ crore) | 1,50,000 | Total amount of bids received (in ₹ crore) | 48,014 | Amount allotted (in ₹ crore) | 48,014 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA |
| Tenor | 7-day | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,50,000 | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 48,014 | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 48,014 | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | | | Tenor | 7-day |
| Notified Amount (in ₹ crore) | 1,50,000 |
| Total amount of bids received (in ₹ crore) | 48,014 |
| Amount allotted (in ₹ crore) | 48,014 |
| Cut off Rate (%) | 5.26 |
| Weighted Average Rate (%) | 5.26 |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2274 | Tenor | 7-day | Notified Amount (in ₹ crore) | 1,50,000 | Total amount of bids received (in ₹ crore) | 48,014 | Amount allotted (in ₹ crore) | 48,014 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA | |
| Tenor | 7-day | | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,50,000 | | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 48,014 | | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 48,014 | | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | |