Reserve Bank of India Maintains Repo Rate at 6.50 Percent

Name: Reserve Bank of India Maintains Repo Rate at 6.50 Percent
Uploaded: 2023-06-08T13:02:57+05:30
Channel: Ananya Mathur
Description: The Governor of the Reserve Bank of India, Shaktikanta Das, declared on Thursday that the Monetary Policy Committee had chosen to keep the repo rate the same at 6.50%. This rate had also been maintained in April. The repo rate is the rate that the RBI uses to lend money to banks. Watch the Video

Posted by Ananya Mathur | Jun 8, 2023 | News

The Governor of the Reserve Bank of India, Shaktikanta Das, declared on Thursday that the Monetary Policy Committee had chosen to keep the repo rate the same at 6.50%. This rate had also been maintained in April. The repo rate is the rate that the RBI uses to lend money to banks.