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 : Jul 28, 2022
RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on July 29, 2022

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on July 29, 2022, Friday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 2,00,000 14 10:30 AM to 11:00 AM August 12, 2022
(Friday)

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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2022-2023/605


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