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NEW DELHI, April 8 (Xinhua) -- India's central banking institution, the Reserve Bank of India (RBI), on Wednesday announced it has kept the repo rate unchanged at 5.25 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. "Consequently, the standing deposit facility (SDF) rate remains at 5.00 percent and the marginal standing facility (MSF) rate and the bank rate remains at 5.50 percent," an RBI statement reads. Meanwhil ...Read More >

New Delhi, April 8: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25 per cent, and maintaining the status quo in its latest Monetary Policy Committee (MPC) meeting. The Standing Deposit Facility (SDF) rate has been kept unchanged at 5 per cent, while the Marginal Standing Facility (MSF) rate remains at 5.50 per cent, RBI Governor Sanjay Malhotra said while announcing the MPC decision. The RBI Governor described 2025 as a challenging year, but noted that inflatio ...Read More >
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