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

(154 kb)

Date : Mar 29, 2017

Result of the Overnight and 7 day Variable rate Reverse Repo auctions held on March 29, 2017

Tenor	Overnight	7 day
Notified Amount (in ₹ billion)	600.00	600.00
Total amount of offers received (in ₹ billion)	719.23	224.66
Amount accepted (in ₹ billion)	600.01	224.66
Cut off Rate (%)	6.23	6.24
Weighted Average Rate (%)	6.10	6.23
Partial Acceptance Percentage of offers received at cut off rate	29.03	NA