Data● Neutral for Indian equities
Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on October 05, 2026
The brief
- The RBI accepted ₹10,142 crore against a notified ₹50,000 crore in its one-day VRRR auction
- The cut-off rate was 5.24%
- The auction signals limited demand to park funds with the RBI, relevant to Indian banks’ liquidity
- Rate hikes are coming, but don’t count credit growth out just yet
- India Rate Hike Looms as RBI Grapples With Excess Liquidity
- Economic outlook faces upside inflation risks, says Finmin report
- IPO pipeline swells to nearly Rs 4 lakh crore: Liquidity squeeze for secondary markets or valuation reset? Analysts weigh in
- RBI may shift govt borrowing towards shorter tenures in H2