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RBI Press Release

Result of the Overnight Variable Rate Repo (VRR) auction held on December 31, 2024

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Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 58,521
Amount allotted (in ₹ crore) 50,004
Cut off Rate (%) 6.51
Weighted Average Rate (%) 6.54
Partial Allotment Percentage of bids received at cut off rate (%) 41.34

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1820

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RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on December 31, 2024
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Sangli Sahakari Bank Ltd., Mumbai, Maharashtra – Withdrawal of Directions
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