{"id":8549,"date":"2022-02-10T08:35:12","date_gmt":"2022-02-10T08:35:12","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=8549"},"modified":"2022-02-10T08:35:12","modified_gmt":"2022-02-10T08:35:12","slug":"rbi-keeps-repo-reverse-repo-rates-unchanged-for-10th-time-in-a-row","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=8549","title":{"rendered":"RBI keeps repo, reverse repo rates unchanged for 10th time in a row"},"content":{"rendered":"<p>Mumbai (Maharashtra): In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo rates unchanged.<\/p>\n<p>The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das decided to maintain the status quo on key policy rates for the 10 consecutive time.<br \/>\n\u201cMonetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 4 per cent,\u201d the RBI Governor said in his Monetary Policy Statement.<\/p>\n<p>The repo rate is the interest rate at which the RBI lends short-term funds to banks.<\/p>\n<p>The reverse repo rate, the interest rate at which the RBI borrows from banks, remains unchanged at 3.35 per cent.<\/p>\n<p>This is the 10 consecutive policy review when the RBI has decided to maintain a status quo on key policy rates. The central bank has not changed repo and reverse repo rates since May 2020.<\/p>\n<p>Das said the Monetary Policy Committee has also decided to maintain an accommodative policy stance.<\/p>\n<p>The RBI Governor made a monetary policy statement after three days of deliberations by the Monetary Policy Committee that met 8-10 February.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra): In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo rates unchanged. The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das decided to maintain the status quo on key policy rates for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-8549","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8549"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8549\/revisions"}],"predecessor-version":[{"id":8551,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8549\/revisions\/8551"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/8550"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}