RBI keeps repo rate unchanged at 4.0 percent

Daily Current Affairs / RBI keeps repo rate unchanged at 4.0 percent

Change Language English Hindi

Category : Business and economics Published on: February 12 2022

Share on facebook

The repo rate has been kept unchanged by the Reserve Bank of India in the sixth and last Monetary Policy Committee (MPC) meeting.
Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. Various rates are as under:
Policy Repo Rate: 4.00%
Reverse Repo Rate: 3.35%
Marginal Standing Facility Rate: 4.25%
Bank Rate: 4.25%
CRR: 4.00%
SLR: 18.00%
The MPC decided to continue with the accommodative stance.
RBI has projected the real GDP growth for 2022-23 at 7.8 percent.

ITC becomes the first Indian company to receive global FSA 3.0 certification for wheat and paddy.
Read More....
HAL and GE Aerospace sign a landmark agreement for co-production of F414 jet engines in India.
Read More....
Government approves ₹91,000 crore Tata Semiconductor SEZ in Dholera, Gujarat.
Read More....
Bank of Baroda partners with Reliance Jio to launch ‘bob World Lite’ app for feature phone users.
Read More....
India and New Zealand signed a landmark Free Trade Agreement on April 27.
Read More....
Mumbai Cricket Association becomes first state body to introduce annual contracts for domestic cricketers.
Read More....
Lok Sabha introduces Constitution (131st Amendment) Bill for women’s reservation and delimitation.
Read More....
Scientists discover microorganisms can survive harsh Martian conditions in lab simulation.
Read More....
The government collaborates with Femina Miss India for “Vishwa Sutra – Weaves of India for the World”.
Read More....
Ministry of Coal to launch 15th Round of Commercial Coal Mine Auctions on April 17, 2026.
Read More....

RBI keeps repo rate unchanged at 4.0 percent