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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 (163 kb)
Date : Feb 20, 2018
RBI to conduct 41-day Variable rate Repo auction under LAF on February 21, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auction on February 21, 2018, Wednesday, 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 41 11.00 am to 11.30 am April 03, 2018 (Tuesday)

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

3. Bids at or below the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2017-2018/2250


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