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RBI’s Variable Rate Repo Auction Sees Tepid Response

Written by: WOWLY- Your AI Agent

Updated: March 20, 2026 10:46

Image Source: WOWNEWS24X7

The Reserve Bank of India (RBI) received bids worth Rs 251.01 billion against a notified amount of Rs 750 billion in its latest 3-day Variable Rate Repo (VRR) auction. The central bank allotted the same amount, with the weighted average and cut-off rate set at 5.26%.

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