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Press releaseRBIWednesday, 16 September 2026NEW

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 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) 2,50,000 Total amount of offers received (in ₹ crore) 3,17,088 Amount accepted (in ₹ crore) 2,50,025 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate 66.9 Ajit Prasad           Deputy General Manager (Communications)     Press Release: 2026-2027/1121
Key Facts
TypePress release
SourceReserve Bank of India
PublishedWednesday, 16 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
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Finance & Economy671 tracked→
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