RBI Monetary Policy: The meeting of the Monetary Policy Committee of the Reserve Bank of India started on 6 April. After this, a big announcement has been made by RBI regarding the repo rate.
RBI Monetary Policy: Reserve Bank of India (RBI) Governor Shaktikanta Das announced the monetary policy on Friday in the meeting of the Monetary Policy Committee of the Reserve Bank of India. MPC has not made any change in the policy rates.
The repo rate remains unchanged at 4 percent. This is the 10th time in a row that the central bank has not made any change in the interest rates. Earlier, the Reserve Bank last changed the repo rate on 22 May 2020.