# RBI accepts Rs 1,25,825 crore in reverse repo auction 2026-08-19T11:58:12+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) The Reserve Bank of India (RBI) accepted bids worth Rs 1,25,825 crore in the overnight Variable Rate Reverse Repo (VRRR) auction held on August 19, 2026. The notified amount was Rs 1,50,000 crore, but the central bank received offers totalling Rs 1,25,825 crore, all of which were accepted at a cut-off rate of 5.24 per cent. The weighted average rate was also 5.24 per cent. On the same day, the RBI announced another overnight VRRR auction to be conducted on August 20, 2026, with a lower notified amount of Rs 1,00,000 crore. The auction will have a window from 9:30 AM to 10:00 AM, with reversal scheduled for August 21, 2026. The decision was based on a review of current and evolving liquidity conditions, as per the central bank's press release. ## Indian Opinion Analysis Both sources are official RBI press releases, making the coverage uniform straight reporting. The first release details the outcome of an auction where bids fell short of the notified amount, indicating banks may not have had excess liquidity to park with the RBI at the offered rate. The second release shows the RBI reducing the notified amount for the next day's auction, suggesting the central bank is adjusting its liquidity management operations in response to prevailing conditions. A careful reader should note that the lower notified amount for August 20 could signal a slight tightening in banking system liquidity, though the RBI's stance remains accommodative. Watch for the results of the August 20 auction to see if bids match or exceed the notified amount. ## Coverage Coverage: 2 sources, 2 neutral - rbi.org.in (neutral report) Straight factual reporting of auction results with no editorial slant. - rbi.org.in (2) (neutral report) Announcement of next auction with operational details only. This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:18:47+00:00. Tags: Ajit Prasad, Reserve Bank of India Canonical: https://indianopinion.org/rbi-mops-up-rs-1-25-lakh-crore-via-overnight-vrrr-auction/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rbi-mops-up-rs-1-25-lakh-crore-via-overnight-vrrr-auction/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/