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Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 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) 5,00,000 Total amount of offers received (in ₹ crore) 3,53,390 Amount accepted (in ₹ crore) 3,53,390 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: 2026-2027/1054

Key Facts

TypePress release

SourceReserve Bank of India

PublishedMonday, 7 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

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NDA IIIBJP-led NDA

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