Wednesday, February 1, 2023
20.1 C
Wednesday, February 1, 2023
- Advertisement -corhaz 3

Repo Rate And Reverse Repo Rate Remain Unchanged In Monetary Policy

In its first monetary policy review since the Union Budget of 2022, the Reserve Bank of India held the repo and reverse repo rates constant on Thursday. In 2021, the current repo rate is 4%, while the reverse repo rate is 3.35 percent. In the midst of the Covid pandemic, the RBI has left lending rates constant for the tenth time and maintained an accommodative attitude. Experts predicted that in this policy meeting, the accommodative approach would give way to a neutral stance.

Governor Shaktikanta Das said the pandemic is holding the international economy hostage once more. According to the Governor, real GDP growth for 2022-23 is expected to reach 7.8%.

Providing an update on the pandemic, Das stated that the global focus is turning to a targeted containment strategy, universal vaccination, and booster doses.

Some economic activity has slowed, notably sales of autos and two-wheelers, according to the Governor, who also noted that the resumed rise in global crude oil prices must be properly monitored.

On Tuesday, the six-member Monetary Policy Committee, led by Reserve Bank of India Governor Shaktikanta Das, began deliberations on the bi-monthly policy review and announced its findings on Thursday. The meeting of the top bank was originally set for February 7–9, but was postponed a day after the Maharashtra government proclaimed February 7 a public holiday in honour of iconic singer Lata Mangeshkar’s death.

More articles

- Advertisement -corhaz 300

Latest article


heyzo free AARM-136 세기의 융합! - 사까시 몬스터《하루하라 미래》×항문 핥기의 천재《스즈카 호두》! - ! CEAD-439 Extreme (과격한) 수음자! - 5 기타노 미나 ~ 8 자위 128 분 RVG-181 악 굴에 여러 번 질 내 사정되어 ○ ○ 타치 ○ 포 미친 5 명의 교만 미 마녀들 흥분 P ● A 회장과 악 굴 학생회 BEST VOL.8 HBAD-638 남편에게 말할 수 없는 빚으로 색백화 사마귀를 육욕 처리에 내보내는 젊은 아내 오노데라 마유 TIKP-075 거유 육감의 조금만 세후레의 유아가 치유 너무 귀엽지만