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Press releaseRBIWednesday, 2 September 2026

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 02, 2026

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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.
Summary
Tenor 1-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 4,59,843 Amount accepted (in ₹ crore) 4,59,843 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: 2026-2027/1020
Key Facts
TypePress release
SourceReserve Bank of India
PublishedWednesday, 2 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
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
4 changes recorded for this policy.
DescriptionWednesday, 2 September 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 4,59,843 Amount accepted (in ₹ crore) 4,59,843 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: 2026-2027/1020
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, September 03, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 6,00,000 1 09:30 AM to 10:00 AM September 04, 2026 (Friday) 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
DescriptionThursday, 3 September 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 4,59,843 Amount accepted (in ₹ crore) 4,59,843 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: 2026-2027/1020
Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 34,652 Amount accepted (in ₹ crore) 34,652 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: 2026-2027/1030
DescriptionThursday, 3 September 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 4,59,843 Amount accepted (in ₹ crore) 4,59,843 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: 2026-2027/1020
On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Thursday, September 03, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor(day) Window Timing Date of Reversal 1 1,50,000 1 12:00 Noon to 12:30 PM September 04, 2026 (Friday) 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&nb
DescriptionThursday, 3 September 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 4,59,843 Amount accepted (in ₹ crore) 4,59,843 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: 2026-2027/1020
Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 5,18,742 Amount accepted (in ₹ crore) 5,18,742 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: 2026-2027/1027
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▲ highYesterdayRBIAnnouncementPress release
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