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 Second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 20, 2026 ()
Date : Aug 20, 2026
Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on August 20, 2026
Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of offers received (in ₹ crore) 53,938
Amount accepted (in ₹ crore) 50,013
Cut off Rate (%) 5.24
Weighted Average Rate (%) 5.24
Partial Acceptance Percentage of offers received at cut off rate 92.7

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/931

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