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 : Dec 06, 2019
Result of the 14-day Variable Rate Repo Auction held on December 06, 2019
Tenor 14-day
Notified Amount (in ₹ crore) 25,500
Total amount of bids received (in ₹ crore) 10,400
Amount allotted (in ₹ crore) 10,400
Cut off Rate (%) 5.16
Weighted Average Rate (%) 5.16
Partial Allotment Percentage of bids received at cut off rate (%) NA

Rupambara
Director   

Press Release : 2019-2020/1362


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