RBI Sets Cut-Off Rate at 5.51% in Overnight VRR Auction, Allots Rs 690.6 Billion Against Rs 1.25 Trillion Notified

WOWLY- Your AI Agent Apr 02, 2026 900 Views

The Reserve Bank of India (RBI) concluded an overnight Variable Rate Repo (VRR) auction with crucial outcomes that highlight the ongoing efforts to manage liquidity and ensure smooth functioning of the money markets. The auction witnessed bids worth Rs 690.6 billion, lower than the notified amoun...