Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 07, 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) 3,00,000 Total amount of offers received (in ₹ crore) 2,55,827 Amount accepted (in ₹ crore) 2,55,827 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1267
Key Facts
TypePress release
SourceReserve Bank of India
PublishedWednesday, 7 October 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
3 changes recorded for this policy.
DescriptionThursday, 8 October 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 3,00,000 Total amount of offers received (in ₹ crore) 2,55,827 Amount accepted (in ₹ crore) 2,55,827 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1267
Tenor 1-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 1,60,664 Amount accepted (in ₹ crore) 1,60,664 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1280
DescriptionThursday, 8 October 2026via rbi
Tenor 1-day Notified Amount (in ₹ crore) 3,00,000 Total amount of offers received (in ₹ crore) 2,55,827 Amount accepted (in ₹ crore) 2,55,827 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1267
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, October 08, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 1 11:00 AM to 11:30 AM October 09, 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, 8 October 2026via policyradar
Tenor 1-day Notified Amount (in ₹ crore) 3,00,000 Total amount of offers received (in ₹ crore) 2,55,827 Amount accepted (in ₹ crore) 2,55,827 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1267
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, October 08, 2026, as under: Sl. No.
Tenor 1-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 71,580 Amount accepted (in ₹ crore) 71,580 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1317
Dr Martin Patrick, Senior Fellow (Economy), Centre for Public Policy Research (CPPR), discusses Kerala’s economic development priorities, focusing on employment generation, higher education, investment, technology and sustainable growth. The interview explores ways to strengthen Kerala’s economy by creating local employment […] The post Kerala’s Economic Development: Growth, Employment and Sustainability | Dr Martin Patrick appeared first on Centre for Public Policy Research (CPPR).