Results of RBI VRRR Aucation

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RBI conducts 27 day Variable Rate Reverse Repo Auction  worth Rs. 50,000 crore today under LAF at 10:30 AM to 11:00 AM and later announced the results as follows 

Results of RBI VRRR Aucation

Notified Amount 50,000 Crore

Total Amount of Offers Received 45,530 Crore

Amount Accepted 45,530 Crore 

Cut off Rate 5.39 Percentage 

Weighted Average Rate 5.39 Percentage

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