Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on August 21, 2026
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Summary
Tenor 3-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 95,970 Amount accepted (in ₹ crore) 95,970 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/937
Key Facts
TypePress release
SourceReserve Bank of India
PublishedFriday, 21 August 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
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionFriday, 21 August 2026via rbi
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, August 24, 2026, as under: Sl. No. Notified Amount(₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,50,000 7 09:30 AM to 10:00 AM August 31, 2026 (Monday) 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 &