On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 31, 2024, Friday, as under: Sl. No.    Notified Amount (₹ crore)    Tenor (day)    Window Timing Date of Reversal 1    50,000    14    10:30 AM to 11:00 AM    June 14, 2024 (Friday) 

The Reserve Bank has today released data on Reserve Money for the week ended May 24, 2024 and Money Supply for the fortnight ended May 17, 2024.

Tenor 4-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 97,885 Amount allotted (in ₹ crore) 75,007 Cut off Rate (%) 6.52 Weighted Average Rate (%) 6.54 Partial Allotment Percentage of bids received at cut off rate (%) 78.53 Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/378

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 27, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 4 11:45 AM to 12:15 PM May 31, 2024 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 1,39,365 Amount allotted (in ₹ crore) 1,25,008 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.56 Partial Allotment Percentage of bids received at cut off rate (%) 21.51

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 24, 2024, Friday, as under: Sl. No.    Notified Amount (₹ crore)    Tenor (day)    Window Timing    Date of Reversal 1    1,25,000    3    11:00 AM to 11:30 AM    May 27, 2024 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

The Reserve Bank has today released data on Reserve Money for the week ended May 17, 2024.

Tenor 2-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 71,830 Amount allotted (in ₹ crore) 71,830 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.63 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 22, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 2 11:30 AM to 12:00 Noon May 24, 2024 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 1,97,142 Amount allotted (in ₹ crore) 1,25,002 Cut off Rate (%) 6.70 Weighted Average Rate (%) 6.72 Partial Allotment Percentage of bids received at cut off rate (%) 75.63

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 21, 2024, Tuesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,25,000 3 01:15 PM to 01:45 PM May 24, 2024 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Tenor 14-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 1,95,115 Amount allotted (in ₹ crore) 1,25,009 Cut off Rate (%) 6.65 Weighted Average Rate (%) 6.68 Partial Allotment Percentage of bids received at cut off rate (%) 61.43

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 17, 2024, Friday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended May 10, 2024 and Money Supply for the fortnight ended May 03, 2024. Ajit Prasad Deputy General Manager (Communications)

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,09,200 Amount allotted (in ₹ crore) 50,002 Cut off Rate (%) 6.62 Weighted Average Rate (%) 6.64 Partial Allotment Percentage of bids received at cut off rate (%) 13.15

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 14, 2024, Tuesday, as under:  Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 11:45 AM to 12:15 PM May 17, 2024 (Friday)  2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. (Puneet Pancholy) Chief General Manager Press Release: 2024-2025/298

Tenor 4-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 86,950 Amount allotted (in ₹ crore) 25,004 Cut off Rate (%) 6.66 Weighted Average Rate (%) 6.68 Partial Allotment Percentage of bids received at cut off rate (%) 20.94

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 13, 2024, Monday, as under:  Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 4 11:30 AM to 12:00 Noon May 17, 2024 (Friday)  2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. (Puneet Pancholy) Chief General Manager Press Release: 2024-2025/292

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,19,190 Amount allotted (in ₹ crore) 50,003 Cut off Rate (%) 6.61 Weighted Average Rate (%) 6.64 Partial Allotment Percentage of bids received at cut off rate (%) 9.84

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 09, 2024, Thursday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended May 03, 2024. Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/267

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 66,050 Amount allotted (in ₹ crore) 25,005 Cut off Rate (%) 6.60 Weighted Average Rate (%) 6.62 Partial Allotment Percentage of bids received at cut off rate (%) 59.09

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 08, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 1 12:30 PM to 1:00 PM May 09, 2024 (Thursday)

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 26,045 Amount accepted (in ₹ crore) 26,045 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on May 06, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 12:30 PM to 01:00 PM May 07, 2024 (Tuesday)

Tenor 14-day Notified Amount (in ₹ crore) 1,75,000 Total amount of bids received (in ₹ crore) 1,57,698 Amount allotted (in ₹ crore) 1,57,698 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.53 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 03, 2024, Friday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended April 26, 2024 and Money Supply for the fortnight ended April 19, 2024.

Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 97,000 Amount allotted (in ₹ crore) 97,000 Cut off Rate (%) 6.52 Weighted Average Rate (%) 6.62 Partial Allotment Percentage of bids received at cut off rate (%) NA

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 29, 2024, Monday, as under:

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 26, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 3 2:15 PM to 2:45 PM April 29, 2024 (Monday)  2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. (Yogesh Dayal) Chief General Manager Press Release: 2024-2025/182

Tenor    3-day Notified Amount (in ₹ crore)    25,000 Total amount of bids received (in ₹ crore)    26,040 Amount allotted (in ₹ crore)    25,001 Cut off Rate (%)    6.52 Weighted Average Rate (%)    6.61 Partial Allotment Percentage of bids received at cut off rate (%)    31.81 

Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,42,875 Amount allotted (in ₹ crore) 50,008 Cut off Rate (%) 6.64 Weighted Average Rate (%) 6.65 Partial Allotment Percentage of bids received at cut off rate (%) 51.29

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 25, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 11:30 AM to 12:00 Noon April 29, 2024 (Monday)

The Reserve Bank has today released data on Reserve Money for the week ended April 19, 2024. Ajit Prasad Press Release: 2024-2025/173 Deputy General Manager (Communications)

Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 73,100 Amount allotted (in ₹ crore) 25,001 Cut off Rate (%) 6.58 Weighted Average Rate (%) 6.60 Partial Allotment Percentage of bids received at cut off rate (%) 29.7

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on April 22, 2024, Monday, as under:

Result of the 7-day Variable Rate Repo (VRR) auction held on April 22, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 22, 2024, Monday, as under:

The forty eighth meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during April 3 to 5, 2024.

Tenor 14-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,12,273 Amount allotted (in ₹ crore) 

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 19, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 14 10:30 AM to 11:00 AM May 03, 2024 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

The Reserve Bank has today released data on Reserve Money for the week ended April 12, 2024 and Money Supply for the fortnight ended April 05, 2024. Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/125

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 1,03,930 Amount accepted (in ₹ crore) 75,027 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate 69.34

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on April 18, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:00 AM to 11:30 AM April 19, 2024 (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.

Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 32,576 Amount accepted (in ₹ crore) 32,576 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on April 16, 2024, Tuesday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended April 5, 2024. Ajit Prasad Director (Communications)

Tenor 14-day Notified Amount (in ₹ crore) 1,25,000 Total amount of offers received (in ₹ crore) 5,511 Amount accepted (in ₹ crore) 5,511 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

This Statement sets out various developmental and regulatory policy measures relating to (i) Financial Markets; (ii) Regulations; and (iii) Payment Systems and FinTech.