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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 (222 kb)
Date : Sep 13, 2019
Result of the 14-day Variable rate Repo auction held on September 13, 2019
Tenor 14-day
Notified Amount (in ₹ crore) 25,500
Total amount of bids received (in ₹ crore) 7,200
Amount allotted (in ₹ crore) 7,200
Cut off Rate (%) 5.41
Weighted Average Rate (%) 5.41
Partial Allotment Percentage of bids received at cut off rate (%) NA

N. Shanmugaram      
Assistant General Manager

Press Release: 2019-2020/687


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