The Reserve Bank of India kept the repo and the reverse repo rate unchanged in its first monetary policy review after Union Budget 2022. The current repo rate in 2021 is at 4% and the reverse repo rate is at 3.35%. This is the 10th time that the RBI kept the lending rates unchanged and maintained an accommodative stance amid the Covid pandemic.
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4.00%
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The Reserve Bank of India kept the repo and the reverse repo rate unchanged in its first monetary policy review after Union Budget 2022. The current repo rate in 2021 is at 4% and the reverse repo rate is at 3.35%. This is the 10th time that the RBI kept the lending rates unchanged and maintained an accommodative stance amid the Covid pandemic.