RBI Overnight VRRR Auction Result September 2026
The Reserve Bank of India has officially released the outcome of the overnight Variable Rate Reverse Repo (VRRR) auction conducted on September 29, 2026. This announcement details the notified amounts, received bids, and the final accepted figures under press release number 2026-2027/1206.
Overview of the VRRR Auction
The central bank periodically uses Variable Rate Reverse Repo auctions to manage liquidity in the domestic banking system. For the auction held on September 29, 2026, a 1-day tenor was scheduled. Market participants engaged with the central bank responding to the liquidity management operations.
Key Details Table
| Parameter | Auction Detail |
|---|---|
| Organization | Reserve Bank of India |
| Event | Overnight VRRR Auction |
| Auction Date | September 29, 2026 |
| Tenor | 1-day |
| Notified Amount | ₹2,00,000 crore |
| Total Offers Received | ₹1,19,048 crore |
| Amount Accepted | ₹1,19,048 crore |
| Cut off Rate | 5.24% |
| Weighted Average Rate | 5.24% |
| Press Release Number | 2026-2027/1206 |
Important Dates Table
| Event Description | Date |
|---|---|
| Auction Date | September 29, 2026 |
| Release Date | September 29, 2026 |
Understanding the Auction Results
The Reserve Bank of India set a notified amount of ₹2,00,000 crore for the 1-day tenor overnight VRRR auction. In response, the total amount of offers received from participating entities stood at ₹1,19,048 crore. The central bank accepted the entire amount of offers received, totaling ₹1,19,048 crore.
The cut off rate and the weighted average rate for this specific auction were both recorded at 5.24 percent. The partial acceptance percentage of offers received at the cut off rate was marked as Not Applicable (NA). Ajit Prasad, Deputy General Manager (Communications), authorized the release of these details through the official communication channels.
What Stakeholders Should Do Next
Financial institutions and market participants who took part in the September 29, 2026 auction should review their liquidity positions based on the accepted amounts and rates. Further updates regarding upcoming liquidity adjustment facility (LAF) operations and auctions can be tracked directly on the official Reserve Bank of India website at https://www.rbi.org.in.
Frequently Asked Questions
What was the date of the RBI Overnight VRRR auction?
The auction was held on September 29, 2026.
What was the notified amount for the auction?
The notified amount was ₹2,00,000 crore.
How much amount was accepted by the Reserve Bank of India?
A total amount of ₹1,19,048 crore was accepted.
What was the cut off rate and weighted average rate?
Both the cut off rate and the weighted average rate were 5.24%.
Where can readers find the official press release?
The official press release can be found on the Reserve Bank of India website under Press Release number 2026-2027/1206.
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