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

(221 kb)

Date : Mar 14, 2019

Result of the 56-day Variable rate Repo auction held on March 14, 2019

Tenor	56-day
Notified Amount (in ₹ billion)	250.00
Total amount of bids received (in ₹ billion)	349.60
Amount allotted (in ₹ billion)	250.03
Cut off Rate (%)	6.33
Weighted Average Rate (%)	6.34
Partial Allotment Percentage of bids received at cut off rate (%)	56.36