RBI - Reserve Bank of India

04/22/2024 | Press release | Distributed by Public on 04/22/2024 02:36

Result of the 7-day Variable Rate Repo (VRR) auction held on April 22, 2024

Tenor 7-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 1,04,290
Amount allotted (in ₹ crore) 50,001
Cut off Rate (%) 6.62
Weighted Average Rate (%) 6.67
Partial Allotment Percentage of bids received at cut off rate (%) 19.57

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/148