Reserve Bank of India completes October 21 overnight VRR auction
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AI-assisted source synthesis · not an independent investigation.
On October 21, 2026, the Reserve Bank of India announced the results of the overnight variable rate repo (VRR) auction. The auction had a 1-day tenor, a notified amount of ₹50,000 crore, received bids totaling ₹93,241 crore, and resulted in a final allocation of ₹50,007 crore. Both the cut-off rate and the weighted average rate were 5.52%; among the bids submitted at the cut-off rate, 87.99% received partial allotments.
AI-written from reports · updated 3 hours ago
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- Reserve Bank of India — Press releasesReserve Bank of India announces results of the 1-day variable rate repo (VRR) auction held on October 21, 2026
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.
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