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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 (159 kb)
Date : Dec 18, 2017
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations

The result of the RBI Fixed Rate Reverse Repo Operations held on December 16, 2017 is as under:

Amount (face value in ₹ Billion)
Items 2 day Reverse Repo Auction
5.75% Fixed Rate
1. Bids received  
(i) Number 17
(ii) Amount 37.40
2. Bids accepted  
(i) Number 17
(ii) Amount 37.40

Ajit Prasad
Assistant Adviser

Press Release: 2017-2018/1654


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