Reserve Bank of India announces results of 3-day variable rate repo auction held on October 23, 2026

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Reserve Bank of India announced the results of the 3-day variable rate repo (VRR) auction held on October 23, with a notified amount of ₹50,000 crore, total bids received of ₹1,06,949 crore, and an allotted amount of ₹50,003 crore. The cut-off rate was 5.58%, the weighted average rate was 5.60%, and the partial allotment ratio at the cut-off rate was 30.99%.