Reported by Reserve Bank of India, not nibnow. We are not the publisher of this story, only the source is.
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The central banking institution of the nation recently published the complete financial outcomes regarding its four day variable rate repo auction that took place on the twenty sixth day of October in the year 2026. Official documentation signed by the deputy general manager of communications demonstrates that the financial authority aimed to distribute a notified sum totaling one hundred and fifty thousand crore rupees. Market participants submitted total bids exceeding one hundred and eighty six thousand crore rupees. Authorities ultimately sanctioned an allocation amount of slightly above one hundred and fifty thousand crore rupees. The determined cut off rate settled at five point five five percent while the weighted average rate reached five point five nine percent, alongside a partial allotment percentage of slightly over eighty five percent for applications received at the baseline threshold.