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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

Press Release


PDF document (365 kb)
Date : Mar 24, 2020
Result of the 16-day Variable Rate Repo Auction held on March 24, 2020
Tenor 16-day
Notified Amount (in ₹ crore) 50,000
Total amount of bids received (in ₹ crore) 46,160
Amount allotted (in ₹ crore) 46,160
Cut off Rate (%) 5.16
Weighted Average Rate (%) 5.25
Partial Allotment Percentage of bids received at cut off rate (%) NA

Ajit Prasad
Director   

Press Release: 2019-2020/2109


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