The Reserve Bank of India announced the results of its 4-day Variable Rate Repo auction, which had a total notified amount of ₹50,000 crore. The auction received bids totaling ₹16,800 crore, all of which were allotted at a cut-off rate and weighted average rate of 5.26%.
4-day Variable Rate Repo Auction Results
On June 25, 2026, the Reserve Bank of India conducted a Variable Rate Repo auction which had significant implications for liquidity management in the banking sector. The auction successfully raised a total of ₹16,800 crore against the notified amount of ₹50,000 crore.
The cut-off rate and the weighted average rate for the auction were both set at 5.26%, indicating a consistent approach towards rate management. Given the current liquidity conditions, the auction is a strategic measure by the RBI to ensure stability and control within the money market.
With the full allotment of bids, this auction reflects the effective demand from banking institutions and highlights the RBI's ongoing efforts to manage liquidity efficiently. Practitioners should monitor these developments closely as they influence interest rates and financial conditions across the market.
Citations
- Variable Rate Repo Auction (2026) RBI Press Release
