This is a press release from the Reserve Bank of India, dated December 23, 2025, announcing the results of the Overnight Variable Rate Repo (VRR) auction held on December 23, 2025. The tenor was 1-day, the notified amount was ₹75,000 crore, and the total amount of bids received was ₹1,16,349 crore. The amount allotted was ₹75,033 crore, the cut off rate was 5.26%, the weighted average rate was 5.26%, and the partial allotment percentage of bids received at cut off rate was 54.34%. The press release number is 2025-2026/1753. Contact: Ajit Prasad, Deputy General Manager (Communications). Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in, email: helpdoc@rbi.org.in
Key Entities Referenced
Overnight Variable Rate Repo (VRR): Auction mechanism used by the Reserve Bank of India for liquidity management.
Reserve Bank of India: Central bank of India, primary regulator.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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
December 23, 2025
Result of the Overnight Variable Rate Repo (VRR) auction held on
December 23, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 75,000
Total amount of bids received (in ₹ crore) 1,16,349
Amount allotted (in ₹ crore) 75,033
Cut off Rate (%) 5.26
Weighted Average Rate (%) 5.26
Partial Allotment Percentage of bids received at cut off rate (%) 54.34
Ajit Prasad
Press Release: 2025-2026/1753 Deputy General Manager
(Communications)