Result of the 3-day Variable Rate Repo (VRR) auction held on May 12, 2026
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Summary
Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 7,190 Amount allotted (in ₹ crore) 7,190 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: 2026-2027/243
Key Facts
Type Announcement
Source Reserve Bank of India
Published Tuesday, 12 May 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
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right