MONETARY POLICY

Monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply and availability of credit with a view to achieving the ultimate objective of economic policy.


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Date : May 22, 2019
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations

The result of the RBI Fixed Rate Reverse Repo Operations held on May 21, 2019 is as under:

Amount (Face Value in ₹ Billion)
Items Overnight Reverse Repo Auction
5.75% Fixed Rate
1. Bids received  
(i) Number 55
(ii) Amount 102.46
2. Bids accepted  
(i) Number 55
(ii) Amount 102.46

Ajit Prasad
Assistant Adviser

Press Release: 2018-2019/2730


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