RBI’s 5-Day VRR Auction Sees Tepid Demand

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views

The Reserve Bank of India’s latest 5-day Variable Rate Repo (VRR) auction attracted bids worth ₹257.95 billion against a notified amount of ₹1 trillion. The central bank allotted the same amount at a weighted average and cut-off rate of 5.26 percent, reflecting muted liquidity appetite among banks.