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RBI Press Release

Result of the 4-day Variable Rate Repo (VRR) auction held on December 23, 2024

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  • Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – The Irinjalakuda Town Co-operative Bank Ltd., Kerala – Extension of period
  • Rate of Interest on Government of India Floating Rate Bond 2034
  • Underwriting Auction for sale of Government Securities for ₹33,000 crore on October 30, 2026
  • Money Market Operations as on October 28, 2026

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Tenor 4-day
Notified Amount (in ₹ crore) 75,000
Total amount of bids received (in ₹ crore) 36,275
Amount allotted (in ₹ crore) 36,275
Cut off Rate (%) 6.51
Weighted Average Rate (%) 6.52
Partial Allotment Percentage of bids received at cut off rate (%) NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1760

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  • C J Bharucha & Co
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