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FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release


PDF document (155 kb)
Date : Feb 28, 2017
Result of the Overnight, 7 day and 14 day variable rate reverse repo auctions held on February 28, 2017
Tenor Overnight 7 day 14 day
Notified Amount (in ₹ billion) 600.00 400.00 300.00
Total amount of offers received (in ₹ billion) 482.85 210.80 77.00
Amount accepted (in ₹ billion) 482.85 210.80 77.00
Cut off Rate (%) 6.24 6.24 6.24
Weighted Average Rate (%) 6.23 6.24 6.24
Partial Acceptance Percentage of offers received at cut off rate NA NA NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2302


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