RBI Keeps Rate At Which It Lends Money To Banks Unchanged At 4%

Name: RBI Keeps Rate At Which It Lends Money To Banks Unchanged At 4%
Uploaded: Fri, 04 Jun 2021 10:21:58 +0530
Duration: T00H03M15S
Description: The RBI has keeps the rate at which it lends money to banks unchanged at 4 per cent and the reverse repo rate - the rate at which RBI borrows money from banks - unchanged at 3.35 per cent. The Reserve Bank Governor made the announcement at the end of the three-day Monetary Policy Committee (MPC) that started on Wednesday.

PUBLISHED ON: June 4, 2021 | Duration: 3 min, 15 sec

The RBI has keeps the rate at which it lends money to banks unchanged at 4 per cent and the reverse repo rate - the rate at which RBI borrows money from banks - unchanged at 3.35 per cent. The Reserve Bank Governor made the announcement at the end of the three-day Monetary Policy Committee (MPC) that started on Wednesday.