Mumbai, Sept. 18 -- The Reserve Bank of India (RBI) on Thursday, 18 September 2025, absorbed Rs 25,006 crore through a one-day Variable Rate Repo (VRR) auction, conducted as part of its liquidity management operations.

The auction had a notified amount of Rs 25,000 crore against which banks tendered bids worth Rs 45,783 crore. The central bank allotted Rs 25,006 crore, with a partial allotment of 44.58% of bids received at the cut-off rate. The cut-off rate stood at 5.51%, while the weighted average rate came in at 5.52%.

This follows the RBI's absorption of Rs 1,50,015 crore in a three-day VRRR auction on 12 September, Rs 20,175 crore through a two-day VRRR on 10 September, and Rs 1.5 lakh crore via an eight-day VRRR on 4 September.

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