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

(390 kb)

Date : Nov 18, 2024

Result of the 4-day Variable Rate Reverse Repo (VRRR) auction held on November 18, 2024

Tenor	4-day
Notified Amount (in ₹ crore)	1,00,000
Total amount of offers received (in ₹ crore)	28,720
Amount accepted (in ₹ crore)	28,720
Cut off Rate (%)	6.49
Weighted Average Rate (%)	6.49
Partial Acceptance Percentage of offers received at cut off rate	NA