RBI liquidity squeeze lifts WACR above repo; ₹50,003 crore VRR allotted

In this short

• VEHICLE LOANS RBI liquidity tightens above repo Overnight funding conditions moved above the policy rate, but that does not automatically change every…
• THE AUCTION Banks sought short-term RBI funds ₹1,06,949 crore Bids received in the three-day VRR auction on 23 Oct 2026.
• RBI ALLOTMENT ₹50,003 crore was allotted The RBI supplied funds through its liquidity facility after strong demand from banks.
• BORROWER CHECK WACR is not your loan rate 5.65% The WACR reported for 21 Oct was 15 basis points above the 5.50% repo rate.
• READ THE FULL STORY Check benchmark and reset terms Read the actual vehicle-loan agreement before treating a market move as an EMI change.
• READ THE FULL STORY Get the full breakdown Sources, numbers and what to watch next.