Focus Merit

RBI updates policy rates.

Reserve Bank Of India (RBI)

  • Reserve Bank of India (RBI) has made change in the policy rates. It has reduced repo rate from 4.4% to 4% and the Reverse repo rate from 3.75% to 3.35%.
  •  Marginal Standing Facility (MSF) Rate has been lowered to 4.25% and Bank rate to 4.25%.