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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 (156 kb)
Date : Feb 15, 2018
RBI to conduct 7 day Variable rate Repo auction under LAF on February 15, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auction on February 15, 2018, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor (day) Window Timing Date of Reversal
1 250 7 11.00 am to 11.30 am February 22, 2017 (Thursday)

Successful bidders will get the allotment at their respective bid rates.

Bids at or below the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/2211


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