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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 (206 kb)
Date : May 16, 2019
Result of the Overnight Variable Rate Reverse Repo Auction held on May 16, 2019
Tenor Overnight
Notified Amount (in ₹ billion) 300.00
Total amount of offers received (in ₹ billion) 304.74
Amount accepted (in ₹ billion) 300.06
Cut off Rate (%) 5.99
Weighted Average Rate (%) 5.99
Partial Acceptance Percentage of offers received at cut off rate 98.38

Anirudha D. Jadhav
Assistant Manager

Press Release : 2018-2019/2691


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