RBI - Reserve Bank of India

28/02/2024 | Press release | Distributed by Public on 28/02/2024 14:04

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on February 28, 2024

Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of offers received (in ₹ crore) 20,860
Amount accepted (in ₹ crore) 20,860
Cut off Rate (%) 6.49
Weighted Average Rate (%) 6.48
Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1951