rbi monetary policy and repo rate changes financial year 2023-22023-24

07 April 2023

RBI governor Shaktikanta Das said on April 06 2023, the rbi monetary policy commettee repo rate unchanged

Repo rate is the rate of rbi that gives money to the banks . It impacts on general public

It can reduse or hike your bank loans EMI because it decide your interest from the bank side

In view of inflation, Rbi has increased the repo rate for the last several months.

But in the 3-day meeting on April 06, it was decided not to change the repo rate.

In the 3-day monetary policy review meeting, it has been decided that the repo rate will be kept at 6.50 %. 

rbi monetary policy rate

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