Result of the 7-day Variable Rate Repo (VRR) auction held on March 15, 2024 - RBI

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Published on March 15, 2024

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Result of the 7-day Variable Rate Repo (VRR) auction held on March 15, 2024

Tenor	7-day
Notified Amount (in ₹ crore)	75,000
Total amount of bids received (in ₹ crore)	76,560
Amount allotted (in ₹ crore)	75,001
Cut off Rate (%)	6.52
Weighted Average Rate (%)	6.65
Partial Allotment Percentage of bids received at cut off rate (%)	50.09

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/2058

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