RBI Monetary Policy 2021
The Reserve Bank of India’s (RBI) monetary policy left the repo rate unchanged at 4% in its monetary policy committee while maintaining an accommodative stance, RBI governor Shaktikant Das announced-on Friday. The governor further decided to maintain the repo rate amid a sticky rate of inflation. The reverse repo rate also remained unchanged at 3.35%. The repo rate has remained at 4% since August 2020 during the MPC meeting. RBI governor Mr Shaktikant Das announced-on Friday that the decision was taken unanimously in favour of him. The MPC meeting was conducted between 3 to 5 Feb where the panel was headed by Mr Shaktikant Das along with the other members Dr Ashima Goyal, Dr Shashank Bhide, Prof. Jayant R. Verma, Dr Michael Debabrata Patra and Dr Mridul K. Saggar. The repo rate has remained unchanged while maintaining an accommodative stance for this FY to next FY as long as necessary, RBI governor Shaktikant Das announced-on Friday. In late March 2020, the central bank had slash...