Interviewtimes 
Monetary Policy Review takes place of the Reserve Bank of India. This time the repo rate and reverse rate remain unchanged.
The reverse repo rate is unchanged at 3.35% at the repo rate of 6%. In addition, the GDP is projected to grow by 10.5% for 2021-22.
As before, commercial banks can borrow from the RBI at a 4% interest rate. RBI Governor Shaktikant Das informed after the review. He said the country’s economy had improved during the coronation. Although the situation is serious, there is no need to worry. The country is now able to cope with all kinds of situations. The repo rate remained unchanged in its annual monetary policy review last February.
