{"id":6315,"date":"2022-04-27T13:32:24","date_gmt":"2022-04-27T13:32:24","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=6315"},"modified":"2024-04-26T11:18:38","modified_gmt":"2024-04-26T05:48:38","slug":"the-rbi-maintains-repo-and-reverses-repo-rates-at-their-current-levels","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/the-rbi-maintains-repo-and-reverses-repo-rates-at-their-current-levels\/","title":{"rendered":"The RBI maintains repo and reverses repo rates at their current levels"},"content":{"rendered":"\n<p>The Reserve Bank of India (RBI) has decided to keep the repo rate at 4% for the eleventh time in a row, and the reverse repo rate at 3.35 percent, in order to continue its accommodating policy stance.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Reserve Bank of India&#8217;s Governor, Shaktikanta Das, headed a six-member Monetary Policy Committee (MPC) that unanimously decided to keep the repo rate at 4%. For the tenth time in a row, the price has stayed steady; it was last amended on May 22, 2020.<\/p>\n\n\n\n<p>The decision was made, according to the RBI Governor, because continued coverage assistance was essential to boost monetary expansion and to keep the central bank&#8217;s position accommodating till the economy recovered. The most important factor to consider when deciding on a coverage option is retail inflation. The MPC has also been asked by the government to keep inflation within a range of 2 to 6 percent.<\/p>\n\n\n\n<p>The rate at which a valuable financial institution loans money to business banks in the event of a cash shortage, and the rate at which the valuable financial institution borrows money from business banks, is known as the repo rate.<\/p>\n\n\n\n<p><em><strong>Disclaimer:\u00a0<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. <a href=\"https:\/\/www.propertypistol.com\/mumbai\" data-type=\"URL\" data-id=\"https:\/\/www.propertypistol.com\/mumbai\" target=\"_blank\" rel=\"noreferrer noopener\">Property Pistol<\/a> does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has decided to keep the repo rate at 4% for the eleventh time in a row, and the reverse repo rate at 3.35 percent, in order to continue its accommodating policy stance.<\/p>\n","protected":false},"author":2,"featured_media":6316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[85],"tags":[14],"class_list":["post-6315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-loan-finance","tag-real-estate","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The RBI maintains repo and reverses repo rates at their current levels - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertypistol.com\/blog\/the-rbi-maintains-repo-and-reverses-repo-rates-at-their-current-levels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The RBI maintains repo and reverses repo rates at their current levels - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of India (RBI) has decided to keep the repo rate at 4% for the eleventh time in a row, and the reverse repo rate at 3.35 percent, in order to continue its accommodating policy stance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertypistol.com\/blog\/the-rbi-maintains-repo-and-reverses-repo-rates-at-their-current-levels\/\" \/>\n<meta property=\"og:site_name\" content=\"Real Estate Sector Latest News, Updates &amp; 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