Skip to main content

MoneyWorks4Me

Just In: RBI keeps repo rate, reverse repo rate unchanged at 4% and 3.35%

07 Apr 2021 Evaluate

The Reserve Bank of India (RBI) has kept the policy rate unchanged at 4 per cent and voted unanimously to maintain the status quo with an accommodative stance. The reverse repo rate remained unchanged at 3.5 per cent, and marginal standing facility and bank rate kept unchanged at 4.25 per cent.