Result of the 7-day Variable Rate Repo (VRR) auction held on June 16, 2026
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Summary
Tenor 7-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 89,440 Amount allotted (in ₹ crore) 89,440 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/465
Key Facts
TypeAnnouncement
SourceReserve Bank of India
PublishedTuesday, 16 June 2026
Affected Population~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
20 million central + state government employees
Key Authorities
Ministry of Electronics & ITTRAICERT-InPMOCabinet Secretariat
Key Stakeholders
Internet UsersTech CompaniesStartupsCivil ServantsState GovernmentsJudiciary
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
2 changes recorded for this policy.
DescriptionWednesday, 17 June 2026via rbi
Tenor 7-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 89,440 Amount allotted (in ₹ crore) 89,440 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/465
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 22,284 Amount allotted (in ₹ crore) 22,284 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/473
DescriptionWednesday, 17 June 2026via rbi
Tenor 7-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 89,440 Amount allotted (in ₹ crore) 89,440 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/465
Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 68,400 Amount allotted (in ₹ crore) 50,016 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) 70.32 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/471
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