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 ...

Governor of Reserve bank of India announced 75 basis points cut in Repo Rate to deal with the economic distress due to the coronavirus pandemic while the Reverse Repo Rate has been cut by 90 basis ...

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.