On September 24, 2025, the Reserve Bank of India (RBI) held an overnight Variable Rate Repo (VRR) auction. The tenor for the auction was 1-day. The notified amount was ₹1,50,000 crore. The total amount of bids received was ₹48,980 crore, and the amount allotted was ₹48,980 crore. The cut-off rate was 5.51%, and the weighted average rate was 5.51%. The partial allotment percentage of bids received at the cut-off rate was Not Applicable (NA).
For communication, contact Ajit Prasad, Deputy General Manager (Communications). The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022-2266 0502. RBI's website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in.
This press release is numbered 2025-2026/1155.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for conducting monetary policy.
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI.
Mumbai: Location of RBI's Department of Communication.
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
September 24, 2025
Result of the Overnight Variable Rate Repo (VRR) auction held
on September 24, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 1,50,000
Total amount of bids received (in ₹ crore) 48,980
Amount allotted (in ₹ crore) 48,980
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: 2025-2026/1155 Deputy General Manager
(Communications)