Reserve Bank of India announces results of the 1-day variable rate repo (VRR) auction held on October 21, 2026

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Reserve Bank of India announced the results of the 1-day variable rate repo (VRR) auction held on October 21, 2026. The notified amount was ₹50,000 crore, bids received amounted to ₹93,241 crore, and the final allotment was ₹50,007 crore. The cut-off rate and weighted average rate were both 5.52%, while 87.99% of the bids received at the cut-off rate were partially allotted.