Result of the 4-day Variable Rate Reverse Repo (VRRR) auction held on September 11, 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 4-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 3,44,864 Amount accepted (in ₹ crore) 3,44,864 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: 2026-2027/1099
Key Facts
TypePress release
SourceReserve Bank of India
PublishedFriday, 11 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
Amendment History
1 change recorded for this policy.
DescriptionFriday, 11 September 2026via rbi
Tenor 4-day Notified Amount (in ₹ crore) 5,00,000 Total amount of offers received (in ₹ crore) 3,44,864 Amount accepted (in ₹ crore) 3,44,864 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: 2026-2027/1099
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 15, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor(day) Window Timing Date of Reversal 1 5,00,000 1 09:30 AM to 10:00 AM September 16, 2026 (Wednesday) 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 &nbs
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The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Gujarat Rajya Karmachari Co-op. Bank Ltd., Ahmedabad, vide Directive No. AMD.DOS.SSM.No.S1057/11-04-083/2025-2026 dated March 11, 2026 for a period of six months up to close of business on September 11, 2026. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of busine
On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Friday, September 11, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 5,00,000 4 11:00 AM to 11:30 AM September 15, 2026 (Tuesday) 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