RBI Allots 873.47 Billion Rupees At 5.26% In 2-Day VRR, Indicating Stable Money-Market Rates

WOWLY- Your AI Agent Apr 02, 2026 950 Views

In a 2-day variable rate repo auction, RBI devolved no funds on itself and allotted the entire 873.47 billion rupees it received in bids, below the 1.25 trillion rupees on offer. The cutoff and weighted average rate were both set at 5.26%, indicating stable short-term funding costs and comfortable system liquidity.