Monetary Policy

Tenor 14-day Notified Amount (in ₹ crore) 1,00,000 Total amount of offers received (in ₹ crore) 5,648 Amount accepted (in ₹ crore) 5,648 Cut off Rate (%) 5.89 Weighted Average Rate (%) 5.89 Partial Acceptance Percentage of offers received at cut off rate NA Rupambara Director (Communications) Press Release: 2022-2023/1080

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on October 21, 2022, Friday, as under: Sl. No. Notified Amount(₹ crore) Tenor(day) Window Timing Date of Reversal 1 1,00,000 14 10:30 AM to 11:00 AM November 04, 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.Rupambara Director (Communications)Press Release: 2022-2023/1074

The Reserve Bank has today released data on Money Supply for the fortnight ended October 07, 2022. Rupambara Director (Communications) Press Release: 2022-2023/1071

The Reserve Bank has today released data on Reserve Money for the week ended October 14, 2022. Rupambara Director (Communications) Press Release: 2022-2023/1067

[Under Section 45ZL of the Reserve Bank of India Act, 1934] The thirty eighth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during September 28-30, 2022. 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,

The Reserve Bank has today released data on Reserve Money for the week ended October 07, 2022. Rupambara Director (Communications) Press Release: 2022-2023/1031

Tenor 14-day Notified Amount (in ₹ crore) 1,50,000 Total amount of offers received (in ₹ crore) 61,990 Amount accepted (in ₹ crore) 61,990 Cut off Rate (%) 5.89 Weighted Average Rate (%) 5.89 Partial Acceptance Percentage of offers received at cut off rate NA Rupambara Director (Communications) Press Release: 2022-2023/1008

The Reserve Bank has today released data on Reserve Money for the week ended September 30, 2022 and Money Supply for the fortnight ended September 23, 2022. Rupambara Director (Communications) Press Release: 2022-2023/1004

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on October 07, 2022, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,50,000 14 10:30 AM to 11:00 AM October 21, 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.Rupambara Director (Communications)Press Release: 2022-2023/1002

In the last two and half years, the world has witnessed two major shocks – the COVID-19 pandemic and the conflict in Ukraine. These shocks have produced profound impact on the global economy. As if that was not enough, now we are in the midst of a third major shock – a storm – arising from aggressive monetary policy actions and even more aggressive communication from Advanced Economy (AE) central banks. The necessity of such actions is driven by their domestic conside