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

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Date : Jan 21, 2020

Result of the Overnight Variable Rate Reverse Repo Auction held on January 21, 2020

Tenor	Overnight
Notified Amount (in ₹ crore)	1,65,000
Total amount of offers received (in ₹ crore)	1,74,114
Amount accepted (in ₹ crore)	1,65,014
Cut off Rate (%)	5.13
Weighted Average Rate (%)	5.12
Partial Acceptance Percentage of offers received at cut off rate	78.68