{
  "id": 10611866,
  "title": "Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 29, 2026",
  "url": "https://urgent.news/2026/09/29/result-of-the-overnight-variable-rate-reverse-repo-vrrr-auction-held",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T05:08:52.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63684"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India held an overnight Variable Rate Reverse Repo (VRRR) auction on September 29, 2026. The notified amount was ₹2,00,000 crore, with total offers received and accepted amounting to ₹1,19,048 crore. The cut-off and weighted average rates were both 5.24%.\n\nThe Reserve Bank of Australia is set to announce its policy decision on Tuesday. According to FXStreet, a rate hike of 25 basis points is expected, taking the Official Cash Rate to 4.60% from 4.35%. This comes as Australia's inflation remains elevated, with July's monthly Consumer Price Index jumping 1.0% and annual inflation at 3.5%.\n\nThe Australian economy grew 0.4% in Q2, with annual GDP growth at 2.1%, but is showing signs of losing momentum. The Reserve Bank of Australia also highlighted risks from higher energy prices, the Middle East conflict, strong investment, and persistent domestic cost pressures.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 29, 2026",
        "url": "https://urgent.news/2026/09/29/rbi-to-conduct-second-overnight-variable-rate-reverse-repo-vrrr",
        "published": "2026-09-29T05:50:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}