RBI 6-day VRR auction results

RBI Press Releases

Published March 27th, 2026

Detected March 28th, 2026

Summary

The Reserve Bank of India has announced the results of its 6-day Variable Rate Repo (VRR) auction held on March 27, 2026. The auction had a notified amount of ₹75,000 crore, with ₹65,322 crore in bids received and allotted. The cut-off rate was 5.26% and the weighted average rate was 5.29%.

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What changed

The Reserve Bank of India (RBI) has published the results of a 6-day Variable Rate Repo (VRR) auction conducted on March 27, 2026. The auction aimed to manage liquidity in the banking system, with a notified amount of ₹75,000 crore. Bids totaling ₹65,322 crore were received, and the RBI allotted the full amount at a cut-off rate of 5.26% and a weighted average rate of 5.29%.

This notice serves as an informational update for financial institutions participating in the RBI's liquidity operations. Banks should note the specific rates and amounts allotted from this auction for their internal liquidity management and financial planning. No immediate action is required from regulated entities beyond acknowledging the results of this monetary policy operation.

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Press Releases

| () | | | | | | | | | | | | | | | |
| Date : Mar 27, 2026 | | | | | | | | | | | | | | | |
| Result of the 6-day Variable Rate Repo (VRR) auction held on March 27, 2026 | | | | | | | | | | | | | | | |
| | \| Tenor \| 6-day \|
\| Notified Amount (in ₹ crore) \| 75,000 \|
\| Total amount of bids received (in ₹ crore) \| 65,322 \|
\| Amount allotted (in ₹ crore) \| 65,322 \|
\| Cut off Rate (%) \| 5.26 \|
\| Weighted Average Rate (%) \| 5.29 \|
\| Partial Allotment Percentage of bids received at cut off rate (%) \| NA \|
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2329 | Tenor | 6-day | Notified Amount (in ₹ crore) | 75,000 | Total amount of bids received (in ₹ crore) | 65,322 | Amount allotted (in ₹ crore) | 65,322 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.29 | Partial Allotment Percentage of bids received at cut off rate (%) | NA |
| Tenor | 6-day | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 75,000 | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 65,322 | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 65,322 | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.29 | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | | | Tenor | 6-day |
| Notified Amount (in ₹ crore) | 75,000 |
| Total amount of bids received (in ₹ crore) | 65,322 |
| Amount allotted (in ₹ crore) | 65,322 |
| Cut off Rate (%) | 5.26 |
| Weighted Average Rate (%) | 5.29 |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2329 | Tenor | 6-day | Notified Amount (in ₹ crore) | 75,000 | Total amount of bids received (in ₹ crore) | 65,322 | Amount allotted (in ₹ crore) | 65,322 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.29 | Partial Allotment Percentage of bids received at cut off rate (%) | NA | |
| Tenor | 6-day | | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 75,000 | | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 65,322 | | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 65,322 | | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.29 | | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | |