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 - Result of the Overnight Variable Rate Repo (VRR) auction held on July 08, 2026 ()
Date : Jul 08, 2026
Result of the Overnight Variable Rate Repo (VRR) auction held on July 08, 2026
Tenor 1-day
Notified Amount (in ₹ crore) 25,000
Total amount of bids received (in ₹ crore) 665
Amount allotted (in ₹ crore) 665
Cut off Rate (%) 5.26
Weighted Average Rate (%) 5.26
Partial Allotment Percentage of bids received at cut off rate (%) NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/627

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