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RBI Monetary Repo rates
April 10 , 2022
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- The Reserve Bank of India’s Monetary Policy Committee voted to keep the benchmark repo and reverse repo rates unchanged for the straight 11th time in a row.
- The Governor of the Reserve Bank of India Shakitkanta Das stated that the Committee has voted unanimously to leave the repo rates unchanged at 4 percent.
- Also, the Marginal Standing Facility (MSF) rate and the Bank rate have remained unchanged at 4.25 percent.
- The real GDP growth is now projected at 7.2% with Quarter 1 2022-23 at 16.2%, Q2 at 6.2%, Q3 at 4.1%, and Q4 at 4.0%.
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