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

(273 kb)

Date : Feb 12, 2020

Result of the Overnight Variable Rate Reverse Repo Auction held on February 12, 2020

Tenor	Overnight
Notified Amount (in ₹ crore)	1,20,000
Total amount of offers received (in ₹ crore)	1,67,957
Amount accepted (in ₹ crore)	1,20,016
Cut off Rate (%)	4.98
Weighted Average Rate (%)	4.96
Partial Acceptance Percentage of offers received at cut off rate	56.13