FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(351 kb)

Date : Nov 11, 2024

Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on November 11, 2024

Tenor	3-day
Notified Amount (in ₹ crore)	1,75,000
Total amount of offers received (in ₹ crore)	61,960
Amount accepted (in ₹ crore)	61,960
Cut off Rate (%)	6.49
Weighted Average Rate (%)	6.49
Partial Acceptance Percentage of offers received at cut off rate	NA