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

(158 kb)

Date : Jun 12, 2018

Result of the 14-day variable rate repo auction held on June 12, 2018

Notified Amount (in ₹ billion)	225.00
Total amount of bids received (in ₹ billion)	74.50
Amount allotted (in ₹ billion)	74.50
Cut off Rate (%)	6.26
Weighted Average Rate (%)	6.26
Partial Allotment Percentage of bids received at cut off rate (%)	NA

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/3249

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