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

(154 kb)

Date : Mar 21, 2017

Result of the Overnight and 8 day Variable rate Reverse Repo auctions held on March 21, 2017

Tenor	Overnight	8 day
Notified Amount (in ₹ billion)	400.00	500.00
Total amount of offers received (in ₹ billion)	351.20	510.90
Amount accepted (in ₹ billion)	351.20	500.11
Cut off Rate (%)	6.24	6.24
Weighted Average Rate (%)	6.20	6.23
Partial Acceptance Percentage of offers received at cut off rate	NA	96.18