Tenor 3-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 17,900 Amount accepted (in ₹ crore) 17,900 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: 2023-2024/1987  

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on March 04, 2024, Monday, as under:

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 43,210 Amount allotted (in ₹ crore) 25,002 Cut off Rate (%) 6.64 Weighted Average Rate (%) 6.66 Partial Allotment Percentage of bids received at cut off rate (%) 43.71  Ajit Prasad Director (Communications) Press Release: 2023-2024/1965

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

The Reserve Bank has today released data on Reserve Money for the week ended February 23, 2024.

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of offers received (in ₹ crore) 1,337 Amount accepted (in ₹ crore) 1,337 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: 2023-2024/1954

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on February 28, 2024, Wednesday, as under:

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 20,860 Amount accepted (in ₹ crore) 20,860 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.48 Partial Acceptance Percentage of offers received at cut off rate NA  Ajit Prasad Director (Communications) Press Release: 2023-2024/1951

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 28, 2024, Wednesday, as under:

Tenor 3-day Notified Amount (in ₹ crore) 1,50,000 Total amount of bids received (in ₹ crore) 2,40,910 Amount allotted (in ₹ crore) 1,50,006 Cut off Rate (%) 6.63 Weighted Average Rate (%) 6.67 Partial Allotment Percentage of bids received at cut off rate (%) 69.25  Ajit Prasad Director (Communications) Press Release: 2023-2024/1933

Tenor 13-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 2,04,960 Amount allotted (in ₹ crore) 1,00,004 Cut off Rate (%) 6.62 Weighted Average Rate (%) 6.64 Partial Allotment Percentage of bids received at cut off rate (%) 33.27  Ajit Prasad Director (Communications) Press Release: 2023-2024/1925

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 26, 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 February 23, 2024, Friday, as under:
 

The forty seventh meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during February 6 to 8, 2024.

The Reserve Bank has today released data on Reserve Money for the week ended February 16, 2024 and Money Supply for the fortnight ended February 09, 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/1911

Tenor 3-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 68,640 Amount allotted (in ₹ crore) 50,003 Cut off Rate (%) 6.55 Weighted Average Rate (%) 6.60 Partial Allotment Percentage of bids received at cut off rate (%) 91.19  Ajit Prasad Director (Communications) Press Release: 2023-2024/1900

Result of the 7-day Variable Rate Repo (VRR) auction held on February 16, 2024  Tenor 7-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 1,36,986 Amount allotted (in ₹ crore) 75,007 Cut off Rate (%) 6.60

In view of transient frictional liquidity imbalances expected during February 20-23, 2024, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 20, 2024, Tuesday, as under:  Sl. No.  Notified Amount (₹ crore)  Tenor (day)  Window Timing  Date of Reversal  1  50,000  3  10:30 AM to 11:00 AM  February 23, 2024  (Friday)

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 16, 2024, Friday, as under:   Sl. No.  Notified Amount (₹ crore)  Tenor (day)  Window Timing  Date of Reversal  1  75,000  7  10:30 AM to 11:00 AM  February 23, 2024  (Friday)

The Reserve Bank has today released data on Reserve Money for the week ended February 09, 2024. 

Tenor 2-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 1,11,456 Amount allotted (in ₹ crore) 25,001 Cut off Rate (%) 6.64 Weighted Average Rate (%) 6.66 Partial Allotment Percentage of bids received at cut off rate (%) 72.39  Ajit Prasad Director (Communications) Press Release: 2023-2024/1875

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 14, 2024, Wednesday, as under:

Tenor  4-day  Notified Amount (in ₹ crore)  25,000  Total amount of bids received (in ₹ crore)  97,280  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 (%)

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on February 12, 2024, Monday, as under:

Tenor 4-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 1,23,310 Amount allotted (in ₹ crore) 25,007 Cut off Rate (%) 6.70 Weighted Average Rate (%) 6.71 Partial Allotment Percentage of bids received at cut off rate (%) 95.13

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 12, 2024, Monday, as under:

Tenor 3-day Notified Amount (in ₹ crore) 40,000 Total amount of bids received (in ₹ crore) 35,120 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 February 09, 2024, Friday, as under:

Tenor  14-day  Notified Amount (in ₹ crore)  1,75,000  Total amount of bids received (in ₹ crore)  2,42,004  Amount allotted (in ₹ crore)  1,75,008  Cut off Rate (%)  6.71  Weighted Average Rate (%)  6.73  Partial Allotment Percentage of bids received at cut off rate (%)  23.01

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

This Statement sets out various developmental and regulatory policy measures relating to (i) Financial Markets; (ii) Regulations; and (iii) Payment Systems and Fintech.  (I) Financial Markets  1. Review of the Regulatory Framework for Electronic Trading Platforms

On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (February 8, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.

This is the first monetary policy statement of 2024, a momentous year for the Reserve Bank of India which enters its 90th year of existence and operations on April 1. Over the years, the Reserve Bank has established itself as a credible institution which stands for stability, trust and economic progress. In recent years, it has become a pioneer in fostering innovation and technology in the financial system. Customer centricity and financial inclusion have always been its priorities. The Reserve Bank’s tireless efforts towards maintaining a fine balance among price stability, financial stability and external sector stability have paid rich dividends as the country embarks on a higher growth trajectory in the years to come. As India gains a pole position in the new global order, the contribution of the Reserve Bank is getting widely recognised in India and abroad.

The Reserve Bank has today released data on Reserve Money for the week ended February 02, 2024 and Money Supply for the fortnight ended January 26, 2024.

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 11,829 Amount accepted (in ₹ crore) 11,829 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 second Variable Rate Reverse Repo (VRRR) auction on February 07, 2024, Wednesday, as under:

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 96,093 Amount accepted (in ₹ crore) 50,019 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate 44.29 Ajit Prasad Director (Communications) Press Release: 2023-2024/1817

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 07, 2024, Wednesday, as under:

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 41,804 Amount accepted (in ₹ crore) 41,804 Cut off Rate (%) 6.49 Weighted Average Rate (%)

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 06, 2024, Tuesday, as under:

Tenor  1-day  Notified Amount (in ₹ crore)  75,000  Total amount of offers received (in ₹ crore)  27,538  Amount accepted (in ₹ crore)  27,538  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: 2023-2024/1806

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 06, 2024, Tuesday, as under:

Tenor  4-day  Notified Amount (in ₹ crore)  50,000  Total amount of offers received (in ₹ crore)  18,750  Amount accepted (in ₹ crore)  18,750  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: 2023-2024/1803

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on February 05, 2024, Monday, as under:

Tenor  4-day  Notified Amount (in ₹ crore)  50,000  Total amount of offers received (in ₹ crore)  3,975  Amount accepted (in ₹ crore)  3,975  Cut off Rate (%)  6.49  Weighted Average Rate (%)  6.48  Partial Acceptance Percentage of offers received at cut off rate  NA  Ajit Prasad Director (Communications) Press Release: 2023-2024/1789

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on February 02, 2024, Friday, as under:

The Reserve Bank has today released data on Reserve Money for the week ended January 26, 2024. Ajit Prasad Director (Communications) Press Release: 2023-24/1775

Based on an assessment of the prevailing and evolving liquidity conditions, the Reserve Bank of India has decided that an additional aggregate amount of ₹5,000 crore will be made available to the Standalone Primary Dealers (SPDs) under the Standing Liquidity Facility at the prevailing repo rate starting from January 31, 2024. The incremental limits for individual SPDs is being conveyed to them separately. All other terms and conditions of the facility shall remain unchanged.

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore)

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction on January 30, 2024, Tuesday, as under: