Mumbai, Sept. 19 -- The Reserve Bank of India (RBI) on 19 September 2025 conducted separate Variable Rate Repo (VRR) auctions of 3-day and 6-day tenors as part of its liquidity management operations.

In the 3-day VRR, the notified amount was Rs 50,000 crore, but bids received totaled just Rs 390 crore. The RBI allotted the full Rs 390 crore at a cut-off rate of 5.51%, with the weighted average rate coming in at 5.52%.

The 6-day VRR, with a notified amount of Rs 1,00,000 crore, attracted bids worth Rs 59,967 crore. The central bank allotted the entire bid amount at a cut-off rate of 5.51%, with a weighted average rate of 5.51%.

These operations followed the RBI's absorption of Rs 25,006 crore through a one-day VRR auction on 18 Septembe...