FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(294 kb)

Date : Mar 23, 2020

Result of the 16-day Variable Rate Repo auction held on March 23, 2020

Tenor	16-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	31,585
Amount allotted (in ₹ crore)	31,585
Cut off Rate (%)	5.16
Weighted Average Rate (%)	5.22
Partial Allotment Percentage of bids received at cut off rate (%)	NA