**Summary:**
On July 24, 2025, the Reserve Bank of India (RBI) conducted an overnight Variable Rate Repo (VRR) auction. The notified amount was ₹50,000 crore. The total amount of bids received was ₹1,421 crore, and the amount allotted was ₹1,421 crore. The cut-off rate was 5.51%, and the weighted average rate was 5.53%. Partial allotment of bids received at the cut-off rate was not applicable (NA). For further information, contact Ajit Prasad, Deputy General Manager, Communications, at helpdocrbi.org.in or 022 2266 0502. The press release number is 2025-2026/775. The RBI website is www.rbi.org.in. The central office is located at Shahid Bhagat Singh Marg, Fort, Mumbai 400 001.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the Reserve Bank of India's Central Office is located.
Overnight Variable Rate Repo: A monetary policy instrument used by the Reserve Bank of India.
VRR auction: Variable Rate Repo auction conducted by the Reserve Bank of India.
Ajit Prasad: Deputy General Manager at the Reserve Bank of India, Communications Department.
50,000 crore: Notified amount for the Overnight Variable Rate Repo auction.
5.51: Cut off Rate for the Overnight Variable Rate Repo auction.
5.53: Weighted Average Rate for the Overnight Variable Rate Repo auction.
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
July 24, 2025
Result of the Overnight Variable Rate Repo (VRR) auction held on July 24, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 1,421
Amount allotted (in ₹ crore) 1,421
Cut off Rate (%) 5.51
Weighted Average Rate (%) 5.53
Partial Allotment Percentage of bids received at cut off rate (%) NA
Ajit Prasad
Press Release: 2025-2026/775 Deputy General Manager
(Communications)