The standing deposit facility (SDF) rate remains at 6.5% and the marginal standing facility (MSF) and the bank rate are at 6.7 percent.
Repo refers to the interest rate at which the central bank lends short-term funds to banks.
The Reserve Bank of India Governor Shaktikanta Das on Wednesday announced a hike in the repo rate by 40 basis points and cash reserve ratio (CRR)...
A six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das announced the first monetary policy resolution after the announcement of Union Budget 2022.
It will be done by increasing the reverse repo rate by 5 bps from 3.35 percent. However, it is also expected that there will be no...
Reserve Bank of India Governor Shaktikanta Das on Wednesday announced that the key interest rates will remain unchanged and the accommodative policy stance will continue as...
Following the meeting of the Monetary Policy Committee after Budget 2021, Reserve Bank of India Governor Shaktikanta Das
Addressing a press briefing, the RBI Governor said that the country’s GDP would contract by 9.5 per cent due to disruptions caused by COVID-19.
[vc_row][vc_column][vc_column_text]The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das today (Wednesday, Aug 7) cut the key interest rate for the...
[vc_row][vc_column][vc_column_text]This is the first cut in repo rate – the rate at which the RBI lends to banks – since October 2016. MPC headed by RBI...
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