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

()

Date : May 21, 2026

Result of the Overnight Variable Rate Repo (VRR) auction held on May 21, 2026

Tenor	1-day
Notified Amount (in ₹ crore)	1,25,000
Total amount of bids received (in ₹ crore)	25,360
Amount allotted (in ₹ crore)	25,360
Cut off Rate (%)	5.26
Weighted Average Rate (%)	5.26
Partial Allotment Percentage of bids received at cut off rate (%)	NA