FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(353 kb)

Date : Jun 28, 2024

Result of the 3-day Variable Rate Repo (VRR) auction held on June 28, 2024

Tenor	3-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	88,625
Amount allotted (in ₹ crore)	50,003
Cut off Rate (%)	6.65
Weighted Average Rate (%)	6.69
Partial Allotment Percentage of bids received at cut off rate (%)	18.37