Tenor14-day Notified Amount (in ₹ crore)50,000 Total amount of offers received (in ₹ crore)18,670 Amount accepted (in ₹ crore)18,670 Cut off Rate (%)6.49 Weighted Average Rate (%)6.49 Partial Acceptance Percentage of offers received at cut off rateNA Ajit Prasad Director (Communications) Press Release: 2023-2024/885

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on September 08, 2023, Friday, as under:

Sl. No.Notified Amount
(₹ crore)Tenor (day)Window TimingDate of Reversal

150,0001410:30 AM to 11:00 AMSeptember 22, 2023
(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.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/879

The Reserve Bank has today released data on Reserve Money for the week ended September 01, 2023 and Money Supply for the fortnight ended August 25, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/873

Data on sectoral deployment of bank credit for the month of July 20231 collected from 40 select scheduled commercial banks, accounting for about 93 per cent of the total non-food credit deployed by all scheduled commercial banks, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 registered a growth of 14.8 per cent in July 20233 as compared with 15.1 per cent a year ago. Highlights of the sectoral deployment of bank credit3 are

The Reserve Bank has today released data on Reserve Money for the week ended August 25, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/837

Tenor 14-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 22,419 Amount accepted (in ₹ crore) 22,419 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2023-2024/811

[Under Section 45ZL of the Reserve Bank of India Act, 1934] The forty fourth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August 8 to 10, 2023. 2. The meeting was attended by all the members – Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mu

The Reserve Bank has today released data on Reserve Money for the week ended August 18, 2023 and Money Supply for the fortnight ended August 11, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/798

The Reserve Bank has today released data on Reserve Money for the week ended August 11, 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/764

Tenor 14-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 34,139 Amount accepted (in ₹ crore) 34,139 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director (Communications) Press Release: 2023-2024/740