Click here to Visit the RBI’s new website

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 (159 kb)
Date : Oct 11, 2017
RBI to conduct 6-day, 14-day and 28-day Variable Rate Reverse Repo Auctions under LAF on October 12, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on October 12, 2017, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 28 10.00 am to 10.30 am November 09, 2017 (Thursday)
2 250 14 12.00 pm to 12.30 pm October 26, 2017 (Thursday)
3 300 6 2.30 pm to 3.00 pm October 18, 2017 (Wednesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1003


2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Archives
Top