RBI Variable Rate Repo Auction Results

RBI Press Releases

Published March 24th, 2026

Detected March 25th, 2026

Summary

The Reserve Bank of India (RBI) announced the results of its 3-day Variable Rate Repo (VRR) auction held on March 24, 2026. The auction had a notified amount of ₹1,00,000 crore, with ₹55,837 crore in bids received and allotted.

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What changed

The Reserve Bank of India (RBI) has published the results of a 3-day Variable Rate Repo (VRR) auction conducted on March 24, 2026. The auction was notified for ₹1,00,000 crore, and the total bids received amounted to ₹55,837 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 for financial institutions regarding the RBI's liquidity management operations. There are no immediate compliance actions required for regulated entities based on this announcement, as it reports on a completed auction. The data provided is for awareness of prevailing interest rates in the interbank market.

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Press Releases

| () | | | | | | | | | | | | | | | |
| Date : Mar 24, 2026 | | | | | | | | | | | | | | | |
| Result of the 3-day Variable Rate Repo (VRR) auction held on March 24, 2026 | | | | | | | | | | | | | | | |
| | \| Tenor \| 3-day \|
\| Notified Amount (in ₹ crore) \| 1,00,000 \|
\| Total amount of bids received (in ₹ crore) \| 55,837 \|
\| Amount allotted (in ₹ crore) \| 55,837 \|
\| 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: 2025-2026/2316 | Tenor | 3-day | Notified Amount (in ₹ crore) | 1,00,000 | Total amount of bids received (in ₹ crore) | 55,837 | Amount allotted (in ₹ crore) | 55,837 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA |
| Tenor | 3-day | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,00,000 | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 55,837 | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 55,837 | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | | | Tenor | 3-day |
| Notified Amount (in ₹ crore) | 1,00,000 |
| Total amount of bids received (in ₹ crore) | 55,837 |
| Amount allotted (in ₹ crore) | 55,837 |
| 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: 2025-2026/2316 | Tenor | 3-day | Notified Amount (in ₹ crore) | 1,00,000 | Total amount of bids received (in ₹ crore) | 55,837 | Amount allotted (in ₹ crore) | 55,837 | Cut off Rate (%) | 5.26 | Weighted Average Rate (%) | 5.26 | Partial Allotment Percentage of bids received at cut off rate (%) | NA | |
| Tenor | 3-day | | | | | | | | | | | | | | |
| Notified Amount (in ₹ crore) | 1,00,000 | | | | | | | | | | | | | | |
| Total amount of bids received (in ₹ crore) | 55,837 | | | | | | | | | | | | | | |
| Amount allotted (in ₹ crore) | 55,837 | | | | | | | | | | | | | | |
| Cut off Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Weighted Average Rate (%) | 5.26 | | | | | | | | | | | | | | |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA | | | | | | | | | | | | | | |