The RBI conducted a 5-day Variable Rate Repo auction on May 20, 2026, allotting ₹16,435 crore at a cut-off rate of 5.26%.
Results of the 5-Day Variable Rate Repo Auction
The Reserve Bank of India (RBI) has announced the results of the 5-day Variable Rate Repo (VRR) auction conducted on May 20, 2026. This auction was held to facilitate short-term liquidity for the banking sector.
The total notified amount for the auction was ₹1,50,000 crore, with ₹16,435 crore allotted at a cut-off rate of 5.26%. The participation in this auction reinforces the banks' continuous demand for liquidity support to meet regulatory requirements and manage their funding needs.
Financial practitioners must keep abreast of these VRR auction outcomes as they significantly influence interbank rates and liquidity management strategies across financial institutions.
Citations
- RBI Press Release 2026
