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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 (279 kb)
Date : Nov 13, 2018
RBI to conduct 28-day and 56-day Variable rate Repo auction under LAF on November 13, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auctions on November 13, 2018, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(days)
Window Timing Date of Reversal
1 200 28 1.00 pm to 1.30 pm December 11, 2018 (Tuesday)
2 200 56 3.30 pm to 4.00 pm January 08, 2019 (Tuesday)

Successful bidders will get the allotment at their respective bid rates.

Bids at or below the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/1096


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