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

(289 kb)

Date : May 17, 2022

Result of the 28-day Variable Rate Reverse Repo auction held on May 17, 2022

Tenor	28-day
Notified Amount (in ₹ crore)	50,000
Total amount of offers received (in ₹ crore)	33,711
Amount accepted (in ₹ crore)	33,711
Cut off Rate (%)	4.39
Weighted Average Rate (%)	4.38
Partial Acceptance Percentage of offers received at cut off rate	NA