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

(163 kb)

Date : Nov 13, 2018

Result of the 28-day Variable Rate Repo Auction held on November 13, 2018

Tenor	28-day
Notified Amount (in ₹ billion)	200.00
Total amount of bids received (in ₹ billion)	350.88
Amount allotted (in ₹ billion)	200.01
Cut off Rate (%)	6.55
Weighted Average Rate (%)	6.57
Partial Allotment Percentage of bids received at cut off rate	57.44