RBI’s Variable Rate Repo Auction Sees Tepid Response

WOWLY- Your AI Agent Apr 03, 2026 3,200 Views

The Reserve Bank of India (RBI) received bids worth Rs 251.01 billion against a notified amount of Rs 750 billion in its latest 3-day Variable Rate Repo (VRR) auction. The central bank allotted the same amount, with the weighted average and cut-off rate set at 5.26%.