RBI Monetary policy LIVE: Prioritising inflation over growth, says Das

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RBI governor Shaktikanta Das

RBI governor Shaktikanta Das

Monetary policy LIVE: The six-member Monetary Policy Committee (MPC) voted unanimously to keep the unchanged at 4 per cent. MPC committee keeps reverse unchanged at 3.35 per cent as Russia’s invasion of Ukraine added to a rise in .
 
The or the short-term lending rate was last cut on May 22, 2020. Since then, the rate remains at a historic low of 4 per cent.

Key highlights


Repo rate held at 4% 


Standing deposit facility activated; rate at 25 basis points below repo rate. 


Marginal standing facility rate at 25 basis points above repo rate.

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