RBI Repo Auction Results March 23, 2026

RBI Press Releases

Published March 23rd, 2026

Detected March 24th, 2026

Summary

The Reserve Bank of India (RBI) announced the results of its overnight variable rate repo (VRR) auction held on March 23, 2026. A total of ₹79,256 crore was allotted at a cut-off rate of 5.26%. This notice provides details on the auction's outcome.

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What changed

The Reserve Bank of India (RBI) has published the results of its overnight variable rate repo (VRR) auction conducted on March 23, 2026. The auction, which had a notified amount of ₹1,00,000 crore, saw bids totaling ₹79,256 crore, with the full amount being allotted at a cut-off rate of 5.26%. This represents the amount of liquidity injected into the banking system by the central bank on that day.

This is a routine informational notice regarding the RBI's liquidity management operations. Regulated entities, particularly banks participating in the repo market, should note the outcome and rates for their internal record-keeping and liquidity planning. No immediate action is required by compliance officers, as this is a reporting of past events.

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Press Releases

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| Date : Mar 23, 2026 | | | | | | | | | | | | | | | |
| Result of the Overnight Variable Rate Repo (VRR) auction held on March 23, 2026 | | | | | | | | | | | | | | | |
| | \| Tenor \| 1-day \|
\| Notified Amount (in ₹ crore) \| 1,00,000 \|
\| Total amount of bids received (in ₹ crore) \| 79,256 \|
\| Amount allotted (in ₹ crore) \| 79,256 \|
\| 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: 2025-2026/2302 | Tenor | 1-day | Notified Amount (in ₹ crore) | 1,00,000 | Total amount of bids received (in ₹ crore) | 79,256 | Amount allotted (in ₹ crore) | 79,256 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA |
| Tenor | 1-day | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,00,000 | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 79,256 | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 79,256 | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | | | Tenor | 1-day |
| Notified Amount (in ₹ crore) | 1,00,000 |
| Total amount of bids received (in ₹ crore) | 79,256 |
| Amount allotted (in ₹ crore) | 79,256 |
| 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: 2025-2026/2302 | Tenor | 1-day | Notified Amount (in ₹ crore) | 1,00,000 | Total amount of bids received (in ₹ crore) | 79,256 | Amount allotted (in ₹ crore) | 79,256 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA | |
| Tenor | 1-day | | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,00,000 | | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 79,256 | | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 79,256 | | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | |