RBI’s 4-Day VRR Auction Sees Partial Subscription, Cut-Off Rate at 5.26%

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

The Reserve Bank of India (RBI) received bids worth ₹587.40 billion against a notified amount of ₹1 trillion at its latest 4-day Variable Rate Repo (VRR) auction. The central bank allotted the full bid amount at a weighted average rate of 5.26%, setting the cut-off rate at the same level.