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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 (154 kb)
Date : Mar 20, 2017
Result of the Overnight and 7 day Variable rate Reverse Repo auctions held on March 20, 2017
Tenor Overnight 7 day
Notified Amount (in ₹ billion) 400.00 400.00
Total amount of offers received (in ₹ billion) 345.94 256.00
Amount accepted (in ₹ billion) 345.94 256.00
Cut off Rate (%) 6.24 6.24
Weighted Average Rate (%) 6.21 6.23
Partial Acceptance Percentage of offers received at cut off rate NA NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2495


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