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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


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Date : Mar 26, 2020
RBI enhances auction amount for Repo auction of March 26, 2020 to ₹ 50,000 crores

The Reserve Bank had, vide its press release 2110/2019-2020, advanced the variable rate term repo auction of ₹ 25,000 crores from March 30, 2020 to March 26, 2020.

In a partial modification to the above press release, it has been decided to enhance the amount of the auction scheduled for March 26, 2020, i.e., today to ₹ 50,000 crores from ₹ 25,000 crores.

All other details regarding the auction would remain the same.

There is no change in the auction scheduled for March 31, 2020.

Ajit Prasad
Director   

Press Release : 2019-2020/2119


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