The major announcements of the Reserve Bank of India made by Shaktikanta Das (The Governor of RBI) involve: No change in Repo Rate. It remains at 4% No change in Reverse Repo Rate. It remains at 3 ...

For conducting such reverse repo operations, the Reserve Bank of India Act needs to be amended ... done with the discretion to set the interest rate without reference to the policy target rate.

The Reserve Bank of India (RBI) will conduct a 14-day variable rate reverse repo (VRRR) auction on February 24 for a notified amount of Rs 50,000 crore, the central bank said in a press release.

The Monetary Policy Committee (MPC) of Reserve Bank of India ... policy repo rate. Currently, SDF rate is at 6.25 percent. SDF was introduced in April 2022, and it replaced the reverse repo ...