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

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Date : May 20, 2022

Result of the 14-day Variable Rate Reverse Repo auction held on May 20, 2022

Tenor	14-day
Notified Amount (in ₹ crore)	4,00,000
Total amount of offers received (in ₹ crore)	2,72,150
Amount accepted (in ₹ crore)	2,72,150
Cut off Rate (%)	4.39
Weighted Average Rate (%)	4.39
Partial Acceptance Percentage of offers received at cut off rate	NA