RBI’s 90-Day VRR Auction Sees Heavy Demand, Partial Allotment at 5.34% Cut-Off

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

The Reserve Bank of India’s (RBI) 90-day Variable Rate Repo (VRR) auction drew bids worth ₹950.62 billion against a notified ₹250 billion. RBI allotted ₹250.04 billion, with a partial allotment of 38.37% at a cut-off rate of 5.34%. The weighted average rate stood at 5.40%.