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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 (379 kb)
Date : Sep 05, 2024
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 05, 2024
Tenor 1-day
Notified Amount (in ₹ crore) 50,000
Total amount of offers received (in ₹ crore) 40,530
Amount accepted (in ₹ crore) 40,530
Cut off Rate (%) 6.49
Weighted Average Rate (%) 6.49
Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1043


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