Explained on 26 October 2026. This is an educational answer drawn from the dated article below; examples are hypothetical unless a specific source observation is identified.
How it works
Demand can exceed the advertised window, and the actual allocation can differ slightly from a round announced amount. These differences are useful information, not a reason to overwrite one figure with another. The result also needs a tenor: cash supplied for three days is different from permanent funding, even when the rupee amount is identical.
A simple example
The 23 October result reported ₹1,06,949 crore in bids against a ₹50,000 crore notification, with ₹50,003 crore allotted. Writing “RBI injected ₹1.07 lakh crore” from the bid number would overstate what this result actually records.
| Measure | Question answered |
|---|---|
| Notified | What window was offered? |
| Bids | How much was requested? |
| Allotted | How much was accepted? |
What to check
- Label each figure with its stage and unit.
- Use actual allotment when describing this auction’s supply.
- Keep net system liquidity as a separate calculation.
Read the full event and evidence
RBI’s 23 October Repo Auction: ₹1.07 Lakh Crore of Demand Is Not the Amount Injected explains the original event, its dates and the supporting documents. Event context: 23 October 2026 result.