GK and monthly revision

Result of the 3-day Variable Rate Repo (VRR) auction held on July 10, 2026

On July 10, 2026, the Reserve Bank of India conducted a 3-day Variable Rate Repo (VRR) auction, notifying an amount of ₹50,000 crore. The total bids received amounted to ₹53,233 crore, with ₹50,015 crore allotted at a cut-off and weighted average rate of 5.26%. This auction is significant as it reflects liquidity management in the economy and the central bank's approach to interest rates, crucial for competitive exams focusing on economic policies.