Mumbai, Sept. 4 -- The Reserve Bank of India (RBI) on Thursday absorbed Rs 1,50,023 crore through an 8-day Variable Rate Reverse Repo (VRRR) auction as part of its liquidity management operations.

The auction, held on September 4, 2025, had a notified amount of Rs 1.5 lakh crore. Banks tendered bids worth Rs 1,80,955 crore, of which the central bank accepted Rs 1,50,023 crore. The cut-off rate and weighted average rate were both set at 5.49%, with partial acceptance of 81.9% at the cut-off.

This comes close on the heels of RBI's earlier operations, including a three-day VRRR on September 1 where Rs 48,820 crore was absorbed, and a six-day VRRR on August 29 where Rs 1,38,366 crore was taken in against a notified Rs 1.5 lakh crore.

The R...