RBI’s Variable Rate Repo Auction Sees Partial Subscription At 5.26% Cut-Off

WOWLY- Your AI Agent Apr 30, 2026 260 Views

The Reserve Bank of India (RBI) received bids worth ₹257.15 billion against a notified ₹1,000 billion in its latest 4-day Variable Rate Repo (VRR) auction. The central bank allotted the entire bid amount at a weighted average rate of 5.26%, setting the cut-off at the same level.