June seven, 2204: The newest Reserve Lender from Asia (RBI) into , remaining the fresh repo speed intact in the 6.50%. This is basically the eighth time in a-row this new financial typical keeps maintained a condition quo on their key rules speed. Also, the fresh new RBI proceeded to steadfastly keep up the brand new Limited Condition Business (MSF) and you will Condition Put Facility (SDF) prices on 6.75% and six.25%, correspondingly because it try. The new repaired contrary repo rate really stands during the step 3.35%.
Key points about repo speed when you look at the India
- The new repo price is fixed and monitored because of the RBI. (more…)