RBI keeps repo rate unchanged at 4.0 percent

RBI keeps repo rate unchanged at 4.0 percent

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

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Category : Business and economics Published on: February 12 2022

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  • 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.
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