MoneyWorks4Me

Just In: RBI keeps repo rate unchanged at 4% for tenth consecutive time

10 Feb 2022 Evaluate

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 per cent for the tenth consecutive time while maintaining an ‘accommodative stance’ as long as necessary. Also, the reverse repo rate was kept unchanged at 3.35 per cent. The Marginal Standing Facility (MSF) rate and bank rate too remained unchanged at 4.25 percent.