Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on September 04, 2026

The Reserve Bank of India held a 3-day Variable Rate Reverse Repo (VRRR) auction on September 4, 2026. The notified amount for the auction was ₹1,50,000 crore, but the total amount of offers received was ₹60,419 crore, which was the amount accepted. The cut-off rate and weighted average rate were both 5.24%.

According to the Reserve Bank of India, there was no partial acceptance of offers received at the cut-off rate. The auction details were announced by Ajit Prasad, Deputy General Manager (Communications).

Meanwhile, in global markets, US government yields were holding their losses on Friday after comments from top Federal Reserve officials, including New York Fed boss John Williams and governor Christopher Waller, eased fears of an interest rate hike at the September 16 policy meeting. Waller said his decision would be guided by incoming data, particularly the August inflation reading.

Brief written by urgent.news from Reserve Bank of India, IOL — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.