Wednesday, September 21, 2022
HomeTop StoriesReserve Bank announces new lending policy; No change in interest rates

Reserve Bank announces new lending policy; No change in interest rates

New Delhi: The Reserve Financial institution of India (RBI) has introduced a brand new financial coverage with out altering the repo charge. The repo charge will stay at 4%. There isn’t a change within the reverse repo charge. The reverse repo charge is 3.35%.

RBI Governor Shaktikanta Das has introduced that the Financial Coverage Committee has unanimously determined to maintain the repo charge unchanged for the eighth time in a row. The repo charge was reduce to 4 per cent in March 2020.

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