This is a press release from the Reserve Bank of India, dated December 23, 2025, announcing the results of the second overnight Variable Rate Repo (VRR) auction held on the same day. The tenor was 1-day, the notified amount was ₹50,000 crore, the total amount of bids received was ₹37,622 crore, and the amount allotted was ₹37,622 crore. The cut-off rate and the weighted average rate were both 5.26%. Partial Allotment Percentage of bids received at cut off rate is not applicable (NA). The press release number is 2025-2026/1756. Contact information: Ajit Prasad, Deputy General Manager (Communications). Website: www.rbi.org.in. Email: helpdoc@rbi.org.in. Phone: 022 - 2266 0502. Central office address: Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Overnight Variable Rate Repo (VRR): Second auction of the Overnight Variable Rate Repo.
Reserve Bank of India: Central bank of India, conducting the VRR 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
December 23, 2025
Result of the Second Overnight Variable Rate Repo (VRR) auction held on
December 23, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 37,622
Amount allotted (in ₹ crore) 37,622
Cut off Rate (%) 5.26
Weighted Average Rate (%) 5.26
Partial Allotment Percentage of bids received at cut off rate (%) NA
Ajit Prasad
Press Release: 2025-2026/1756 Deputy General Manager
(Communications)