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

(212 kb)

Date : Jul 19, 2019

Result of the 3-day Variable Rate Reverse Repo Auction held on July 19, 2019

Tenor	3 day
Notified Amount (in ₹ billion)	1100.00
Total amount of offers received (in ₹ billion)	910.02
Amount accepted (in ₹ billion)	910.02
Cut off Rate (%)	5.74
Weighted Average Rate (%)	5.74
Partial Acceptance Percentage of offers received at cut off rate	NA