HomeNewsBankingRBI Keeps Repo Rate Unchanged at 4% in MPC meet August 2021

RBI Keeps Repo Rate Unchanged at 4% in MPC meet August 2021

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RBI Keeps Repo Rate Unchanged at 4% in MPC meet August 2021

The Reserve Bank of India has announced to keep the Repo Rate unchanged. this decision was taken after the Monetary Policy Committee (MPC) meeting which was held between August 04 to August 06, 2021.

  • Also, the bank has kept the real GDP growth for India unchanged at 9.5% in 2021-22.

RBI Policy Rates & Reserve Ratios

S.N.PolicyRate
1.Repo Rate4.00%
2.Reverse Repo Rate3.35%
3.Marginal Standing Facility Rate4.25%
4.Bank Rate4.25%
5.CRR4%
6.SLR18.00%

About RBI (Reserve Bank of India)

  • Governor: Shaktikanta Das
  • Headquarters: Mumbai
  • Founder: British Raj
  • Founded: 1 April 1935, Kolkata

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