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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 document (96 kb)
Date : May 18, 2017
Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations

The result of the RBI Fixed Rate Reverse Repo Operations held on May 17, 2017 is as under:

Amount (face value in ₹ Billion)
Item Overnight Reverse Repo Auction
6.00% Fixed Rate
1. Bids received  
(i) Number 44
(ii) Amount 140.99
2. Bids accepted  
(i) Number 44
(ii) Amount 140.99

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3098


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