Reserve Bank of India (RBI)

🏛 Reserve Bank of India (RBI) Governor Shaktikanta Das announced a 40-basis-point hike in the key lending rate and raised the cash reserve ratio by 50 basis points in an unscheduled announcement on 4th May 2022 :-

◾️Monetary Policy Rates :-

♦️Repo Rate : 4.40%

♦️Reverse Repo Rate : 3.75%

♦️MSF : 4.65%

♦️Bank Rate : 4.65%

♦️CRR :  4.50%

♦️SLR : 18.00%

♦️SDF : 4.15%

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