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5.1

RBI VRRR auction sees full subscription at 5.24%, signals ample liquidity

The RBI's 1-day VRRR auction on September 15, 2026 received offers of ₹3.93 lakh crore against a notified amount of ₹5 lakh crore, with full acceptance at a cut-off rate of 5.24%. The auction indicates surplus liquidity in the banking system, as banks parked funds at the reverse repo rate, reflecting a neutral-to-easy monetary stance.

Reserve Bank of India — Press Releasesabout 1 hour agoINengCredibility 10%View source

Score Breakdown

Mosaic Score5.1
Confidence0.9
Significance0.5
Source credibility0.1

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Mumbai

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country
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