Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 10, 2026
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Summary
Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 3,96,694 Amount accepted (in ₹ crore) 3,96,694 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1085
Key Facts
TypePress release
SourceReserve Bank of India
PublishedThursday, 10 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight
Amendment History
3 changes recorded for this policy.
DescriptionFriday, 11 September 2026via rbi
Tenor 4-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 3,44,864 Amount accepted (in ₹ crore) 3,44,864 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1099
DescriptionFriday, 11 September 2026via rbi
On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Friday, September 11, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 5,00,000 4 11:00 AM to 11:30 AM September 15, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.Ajit Prasad
DescriptionFriday, 11 September 2026via rbi
Tenor 26-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 60,449 Amount accepted (in ₹ crore) 60,449 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1096