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 24, 2020

Result of the 31-day Variable Rate Reverse Repo auction held on January 24, 2020

Tenor	31-day
Notified Amount (in ₹ crore)	25,000
Total amount of offers received (in ₹ crore)	12,790
Amount accepted (in ₹ crore)	12,790
Cut off Rate (%)	5.14
Weighted Average Rate (%)	5.14
Partial Acceptance Percentage of offers received at cut off rate	NA