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

(300 kb)

Date : Nov 23, 2021

Result of the 7-day Variable Rate Reverse Repo auction held on November 23, 2021

Tenor	7-day
Notified Amount (in ₹ crore)	2,00,000
Total amount of offers received (in ₹ crore)	1,48,073
Amount accepted (in ₹ crore)	1,48,073
Cut off Rate (%)	3.99
Weighted Average Rate (%)	3.95
Partial Acceptance Percentage of offers received at cut off rate	-