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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 (330 kb)
Date : Sep 13, 2021
RBI to conduct 7-day Variable Rate Reverse Repo auction under LAF on September 14, 2021

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on September 14, 2021, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 1,00,000 07 10:30 AM to 11:00 AM September 21, 2021
(Tuesday)

2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad
Director   

Press Release: 2021-2022/850


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