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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 (144 kb)
Date : Feb 14, 2019
RBI to conduct Overnight Variable rate Reverse Repo auction under LAF on February 14, 2019 - Revised

With reference to the Press Release dated February 13, 2019 on the captioned subject, it has been decided to revise the notified amount of the Overnight Variable rate Reverse Repo auction as under:

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 450 1 1.30 pm to 2.00 pm February 15, 2019 (Friday)

2. There is no change in the other terms and conditions.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/1935


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