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 : Nov 29, 2019
Result of the 14-day Variable rate Repo auction held on November 29, 2019
Tenor 14-day
Notified Amount (in ₹ crore) 25,500
Total amount of bids received (in ₹ crore) 175
Amount allotted (in ₹ crore) 175
Cut off Rate (%) 5.16
Weighted Average Rate (%) 5.16
Partial Allotment Percentage of bids received at cut off rate (%) NA

Ajit Prasad
Director  

Press Release : 2019-2020/1292


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