On October 23, 2025, the Reserve Bank of India (RBI) conducted an overnight Variable Rate Repo (VRR) auction. The tenor for the auction was 1-day. The notified amount was ₹50,000 crore. The total amount of bids received was ₹475 crore, and the amount allotted was also ₹475 crore. The cut-off rate was 5.51%, and the weighted average rate was 5.51%. Partial allotment percentage of bids received at cut off rate was not applicable.
This information was released by Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1360. The RBI's website is www.rbi.org.in and email is helpdoc@rbi.org.in. The Department of Communication's phone number is 022 - 2266 0502. The central office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by the Reserve Bank of India.
Reserve Bank of India: The central bank of India, responsible for monetary policy.
Mumbai: Location of the Department of Communication, Central Office of Reserve Bank of India.
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
October 23, 2025
Result of the Overnight Variable Rate Repo (VRR) auction held on October 23,
2025
Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 475
Amount allotted (in ₹ crore) 475
Cut off Rate (%) 5.51
Weighted Average Rate (%) 5.51
Partial Allotment Percentage of bids received at cut off rate (%) NA
Ajit Prasad
Press Release: 2025-2026/1360 Deputy General Manager
(Communications)