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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 (159 kb)
Date : Dec 12, 2017
Result of the 14 day Variable Rate Repo Auction held on December 12, 2017
Notified Amount (in ₹ billion) 215.00
Total amount of bids received (in ₹ billion) 124.00
Amount allotted (in ₹ billion) 124.00
Cut off Rate (%) 6.0025
Weighted Average Rate (%) 6.01
Partial Allotment Percentage of bids received at cut off rate NA

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1598


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