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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 : Apr 02, 2025
Daily Variable Rate Repo (VRR) Auction

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

2. Based on assessment of the liquidity conditions, it is decided that the notified amount for the daily Variable Rate Repo (VRR) auction to be conducted on April 03, 2025, Thursday, between 10:00 AM and 10:30 AM will be ₹25,000 crore.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2025-2026/17


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