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. | Policy | Rate |
| 1. | Repo Rate | 4.00% |
| 2. | Reverse Repo Rate | 3.35% |
| 3. | Marginal Standing Facility Rate | 4.25% |
| 4. | Bank Rate | 4.25% |
| 5. | CRR | 4% |
| 6. | SLR | 18.00% |
About RBI (Reserve Bank of India)
- Governor: Shaktikanta Das
- Headquarters: Mumbai
- Founder: British Raj
- Founded: 1 April 1935, Kolkata
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