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RBI retains repo rate at 4%

Category : Business and economics
Published on: April 11 2022 Share on facebook

  • The Monetary Policy Committee (MPC) of the Reserve Bank of India retained the key policy rate, repo, at 4 percent on April 8.
  • It is the rate at which the central bank lends short-term funds to banks.
  • Reverse repo rate: 3.35 %.
  • The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet six times during the next financial year.
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