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 3-day Variable Rate Reverse Repo Auction held on November 29, 2019
Tenor 3-day
Notified Amount (in ₹ crore) 2,10,000
Total amount of offers received (in ₹ crore) 1,70,949
Amount accepted (in ₹ crore) 1,70,949
Cut off Rate (%) 5.14
Weighted Average Rate (%) 5.13
Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad
Director  

Press Release : 2019-2020/1299


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