RBI Keeps Repo Rates Unchanged at 6.5 Percent for Seventh Consecutive Time - GK Now
gknow.in
RBI Keeps Repo Rates Unchanged at 6.5 Percent for Seventh Consecutive Time Reserve Bank of India’s Monetary Policy Committee (MPC) maintained the key repo rate at 6.5 per cent for the seventh consecutive meeting on April 5, 2024. repo rate is the rate at which banks borrow funds from the RBI to addr
1 Users
0 Comments
4 Highlights
0 Notes
Top Highlights
- RBI Keeps Repo Rates Unchanged at 6.5 Percent for Seventh Consecutive Time
- Reserve Bank of India’s Monetary Policy Committee (MPC) maintained the key repo rate at 6.5 per cent for the seventh consecutive meeting on April 5, 2024.
- repo rate is the rate at which banks borrow funds from the RBI to address short-term liquidity gaps.
- Standing Deposit Facility rate at 6.25 per cent and the Marginal Standing Facility (MSF) rate and Bank Rate at 6.75 per cent.
Domain
Ready to highlight and find good content?
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.