RBI - Reserve Bank of India

02/07/2024 | Press release | Distributed by Public on 02/07/2024 00:10

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on February 07, 2024

Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of offers received (in ₹ crore) 96,093
Amount accepted (in ₹ crore) 50,019
Cut off Rate (%) 6.49
Weighted Average Rate (%) 6.49
Partial Acceptance Percentage of offers received at cut off rate 44.29

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1817