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

(290 kb)

Date : Feb 14, 2020

Result of the 14-day Variable Rate Reverse Repo auction held on February 14, 2020

Tenor	14-day
Notified Amount (in ₹ crore)	2,25,000
Total amount of offers received (in ₹ crore)	1,12,429
Amount accepted (in ₹ crore)	1,12,429
Cut off Rate (%)	5.14
Weighted Average Rate (%)	5.13
Partial Acceptance Percentage of offers received at cut off rate	NA