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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 (337 kb)
Date : Sep 22, 2023
Result of the 14-day Variable Rate Reverse Repo auction held on September 22, 2023
Tenor 14-day
Notified Amount (in ₹ crore) 50,000
Total amount of offers received (in ₹ crore) 5,995
Amount accepted (in ₹ crore) 5,995
Cut off Rate (%) 6.49
Weighted Average Rate (%) 6.49
Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/969


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