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MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF document (154 kb)
Date : Jun 19, 2017
Result of the 4 day Variable Rate Reverse Repo Auction held on June 19, 2017
Tenor 4 day
Notified Amount (in ₹ billion) 150.00
Total amount of offers received (in ₹ billion) 115.97
Amount accepted (in ₹ billion) 115.97
Cut off Rate (%) 6.24
Weighted Average Rate (%) 6.23
Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3413


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