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  No change in Repo Rate for the Eleventh Time – RBI Monetary Policy  Recently, the Central Bank - Reserve Bank of India were released it's MPC (Monetary Policy Committee) insights related on Bank Interest rate and economy data. It was the first meet for the Current Financial year 2022-23.  The Reserve Bank of India(RBI) has said that there will be no change in the REPO and Reverse REPO rate. Generally, the REPO rate is the interest rate charged by the Central bank on loans to banks in the Country, where the Central bank borrows a loan with a particular interest rate from banks is called as Reverse REPO rate. According to the RBI, the REPO rate will remain unchanged at 4 Percent and Reverse REPO at 3.35 Percent. It is noteworthy that the Bank Repo rates have not changed much since the year 2020, given the recession caused by the Covid-19 Epidemic. For the Eleventh time, by this MPC meet - There is no change in the REPO interest rate. However the bank rates may be hiked in the comin

Repo Rate Cut to 5.40 Percent - RBI Policy The Repo Rate for the banks has been reduced to 5.40 percent, cut by 35 basis points. As a result of the Monetary Policy Committee, the new Repo rate fell to 5.40 percent from the earlier 5.75 percent. The Reverse Repo rate has been changed to 5.15 percent, while the Bank rate and MCLR ratio has also changed to 5.65 percent. The CRR (Cash Reserve ratio) stands at 4 % and SLR at 18.75 percent. According to the RBI Policy, this rate cut has been announced due to Economic Slowdown and Inflation rate under the same circumstances. Trade war between US-China, Weakening of Industrial investment in the United States, Lack of growth in the Manufacturing worldwide and even the brexit of Britain have been attributed to Global factors. Japan's industrial figures shown that the economy is likely to slow in the second quarter of FY20. The RBI Policy has also mentioned the economic numbers are not favorable in the Emerging Countries. Manufacturing and Sa