**Summary:**
On July 23, 2025, the Reserve Bank of India (RBI) conducted a 2-day Variable Rate Repo (VRR) auction. The notified amount for the auction was ₹50,000 crore. The total amount of bids received was ₹71,902 crore, and the amount allotted was ₹50,001 crore. The cut-off rate was 5.53%, and the weighted average rate was 5.58%. Bids received at the cut-off rate experienced a partial allotment of 51.89%. Further information can be obtained from Ajit Prasad, Deputy General Manager, Communications Department, RBI. Contact details: Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001; email: helpdoc@rbi.org.in; Phone: 022-2266 0502. The RBI website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
Mumbai, Maharashtra: City in India; location of the Reserve Bank of India's Central Office.
Variable Rate Repo: VRR; A monetary policy instrument used by the Reserve Bank of India.
Ajit Prasad: Deputy General Manager at the Reserve Bank of India, Communications department.
Shahid Bhagat Singh Marg: Location of Central Office, Reserve Bank of India
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
July 23, 2025
Result of the 2-day Variable Rate Repo (VRR) auction held on July 23, 2025
Tenor 2-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 71,902
Amount allotted (in ₹ crore) 50,001
Cut off Rate (%) 5.53
Weighted Average Rate (%) 5.58
Partial Allotment Percentage of bids received at cut off rate (%)
51.89
Ajit Prasad
Press Release: 2025-2026/768 Deputy General Manager
(Communications)