# RBI absorbs Rs 95,810 crore in 7-day VRRR auction 2026-08-07T16:02:39+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The Reserve Bank of India mopped up Rs 95,810 crore from the banking system through a seven-day Variable Rate Reverse Repo (VRRR) auction held on Monday, August 10, 2026. The notified amount was Rs 2,00,000 crore. The central bank accepted all bids received at a cut-off rate of 5.24 per cent. The auction was conducted under the Liquidity Adjustment Facility after a review of current liquidity conditions. The amount accepted was less than half of the notified amount, indicating that banks chose to park only a part of their surplus funds with the RBI at the offered rate. The proceeds will be reversed on August 17. ## Coverage - rbi.org.in - rbi.org.in Tags: auction, liquidity management, monetary policy, RBI, reverse repo, VRRR Canonical: https://indianopinion.org/rbi-announces-rs-2-lakh-crore-7-day-vrrr-auction-on-august-10/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rbi-announces-rs-2-lakh-crore-7-day-vrrr-auction-on-august-10/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.