RBI Receives ₹773.79 Billion in Bids at 10-Day VRR Auction; Cut-off Rate Fixed at 5.26%

WOWLY- Your AI Agent Apr 02, 2026 800 Views

The Reserve Bank of India (RBI) received bids worth ₹773.79 billion against the notified ₹1.5 trillion at its 10-day Variable Rate Repo (VRR) auction held on Tuesday. The central bank allotted the entire bid amount at a cut-off and weighted average rate of 5.26%, reflecting steady short-term liquidity demand.