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.

Lok Sabha Speaker Om Birla inaugurated the first-ever National Conference of Committees on Empowerment of Women of Parliament and State/UT Legislatures, held in Tirupati.
Read More....
Baba Kalyani, Chairman and Managing Director of Bharat Forge, has been awarded the prestigious Holley Medal by the American Society of Mechanical Engineers (ASME).
Read More....
India has intensified efforts to secure UNESCO World Heritage status for Sarnath, set to credit Babu Jagat Singh for its 1787–88 excavation.
Read More....
India has risen to 38th place in the Global Innovation Index (GII) 2025, up from 48th in 2020
Read More....
India and Denmark strengthen their Green Strategic Partnership, focusing on trade, renewable energy, and climate action.
Read More....
India has signed a MoU with the International Labour Organisation (ILO) to collaboratively develop and promote the International Reference Classification of Occupations (ISCO).
Read More....
Indian Navy’s INS Nistar participated in Exercise Pacific Reach 2025 in Singapore, showcasing India’s submarine rescue capabilities.
Read More....
EU launches new strategic agenda to deepen cooperation with India in defense, trade, technology, and energy.
Read More....
Apollo Tyres has secured the Indian cricket team’s jersey sponsorship in a landmark five-year deal
Read More....
India launches National Geothermal Energy Policy to harness 10 GW potential and support Net Zero 2070 goals.
Read More....

RBI keeps repo rate unchanged at 4.0 percent