RBI keeps Repo Rate unchanged at 4.0 per cent; GDP growth for 2022-23- 7.8 per cent.

RBI keeps Repo Rate unchanged at 4.0 per cent; GDP growth for 2022-23- 7.8 per cent.
  • Reserve Bank of India conducted the 6th and the last Monetary Policy Committee (MPC) meeting for 2021-22 between February 8-10, 2022. 
  • Reserve Bank of India has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. Various rates are as under: 
    • Policy Repo Rate : 4.00%
    • Reverse Repo Rate : 3.35%
    • Marginal Standing Facility Rate : 4.25%
    • Bank Rate : 4.25%
    • CRR : 4.00%
    • SLR : 18.00%
  • The MPC decided to continue with the accommodative stance.
  • RBI has projected the real GDP growth for 2022-23 at 7.8 per cent.

Points to remember:

  1. Remember all the rates
  2. Stance of RBI?- Accomodative
  3. GDP projection for 2022-23?

Source: RBI

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