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 28, 2020

Result of the 28-day Variable Rate Reverse Repo Auction held on January 28, 2020

Tenor	28-day
Notified Amount (in ₹ crore)	25,000
Total amount of offers received (in ₹ crore)	23,915
Amount accepted (in ₹ crore)	23,915
Cut off Rate (%)	5.14
Weighted Average Rate (%)	5.14
Partial Acceptance Percentage of offers received at cut off rate	NA