📄 Source: Reserve Bank of India · Press Release prid 63045
Quick answerRBI conducted an Overnight Variable Rate Repo auction on June 30, 2026. The result shows a notified amount of ₹75,000 crore, total bids of ₹69,413 crore, amount allotted of ₹69,413 crore, cut-off rate of 5.26%, and weighted average rate of 5.26%.
What changed
RBI released the result of the Overnight VRR auction held on June 30, 2026. Notified amount: ₹75,000 crore; total bids received: ₹69,413 crore; amount allotted: ₹69,413 crore; cut-off rate: 5.26%; weighted average rate: 5.26%; partial allotment percentage: NA.
What it means for you
This auction helps manage day-to-day liquidity. The cut-off rate of 5.26% indicates the rate at which banks borrowed overnight funds from RBI, influencing short-term money market rates.
What you must do
Check the published auction result for the cut-off rate and amount allotted.
Align your treasury's short-term funding strategy with the VRR outcome.
Monitor liquidity conditions for any follow-up operations.
Who it affects
All scheduled commercial banks, Primary dealers, Treasury desks
What is an Overnight VRR auction?
It is a tool RBI uses to inject or absorb overnight liquidity from banks at a variable rate determined through auction.
Where can I find the full auction details?
The full result is available on RBI's press release page under the June 30, 2026 release.
Test yourself
Quick self-check built only from the facts already on this page — tap a question to reveal the answer.
Q1. In one line, what does this circular do?
RBI conducted an Overnight Variable Rate Repo auction on June 30, 2026. The result shows a notified amount of ₹75,000 crore, total bids of ₹69,413 crore, amount allotted of ₹69,413 crore, cut-off rate of 5.26%, and weighted average rate of 5.26%.
Q2. Who does this circular apply to?
All scheduled commercial banks, Primary dealers, Treasury desks
Q3. What is the first thing you should do about it?
Check the published auction result for the cut-off rate and amount allotted.
Monitor liquidity conditions for any follow-up operations.
📜 Compliance
Check the published auction result for the cut-off rate and amount allotted.
Align your treasury's short-term funding strategy with the VRR outcome.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All scheduled commercial banks, Primary dealers, Treasury desks), your first concrete step on “Overnight VRR Auction Result: June 30, 2026” is: “Check the published auction result for the cut-off rate and amount allotted.” (RBI issued this 30 Jun 2026).
Circular: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63045 -- Overnight VRR Auction Result: June 30, 2026
Issued: 30 Jun 2026
Action required: Check the published auction result for the cut-off rate and amount allotted.
Action required: Align your treasury's short-term funding strategy with the VRR outcome.
Action required: Monitor liquidity conditions for any follow-up operations.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
AI-drafted · AI fact-check pending · under the editorial review of our expert review panel · decoded & published by BankPulse · 30 Jun 2026, 10:38 IST
Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63045 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert review panel. Independent platform, not affiliated with the Reserve Bank of India; never reproduces RBI text verbatim.
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