Mumbai, Sept. 12 -- The Reserve Bank of India (RBI) on Friday (12 September 2025) absorbed Rs 1,50,015 crore through a three-day Variable Rate Reverse Repo (VRRR) auction, conducted as part of its ongoing liquidity management operations.

The auction had a notified amount of Rs 1.5 lakh crore, against which banks tendered bids worth Rs 1,50,804 crore. The central bank accepted nearly the entire amount, with a marginal partial allotment at the cut-off. The cut-off rate stood at 5.49%, while the weighted average rate came in at 5.48%.

This comes after the RBI absorbed Rs 20,175 crore through a two-day VRRR auction on 10 September, and Rs 1.5 lakh crore via an 8-day VRRR on 4 September. The central bank has been actively conducting such ope...