%20(3).jpg)
Digital Archive
This story is part of our historical records. While preserved for reference, some details and facts may have evolved since its original publication 6 months ago.
Repo rate will remain at a high level for the time being, RBI Governor Shaktikanta Das made a big comment
RBI Governor Shaktikanta Das said that the repo rate will remain high for now and only time will tell for how long it will remain at this high level. The Governor further said that in view of the current geopolitical crisis, major central banks around the world have increased their key interest rates to tackle high inflation. Read what is the complete news.
B
Business
NEWS CARD
“Repo rate will remain at a high level for the time being, RBI Governor Shaktikanta Das made a big comment”
Read more on
en.sangritimes.com
20 Oct 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das has made a big comment regarding the repo rate.
The Governor said that the repo rate will remain at a high level for the time being and only time will tell for how long it will remain at this high level. The Governor further said that in view of the current geopolitical crisis, major central banks around the world have raised their key policy rates to tackle high inflation.
Till now RBI has increased the repo rate by 250 basis points from May 2022 to February 2023. However, after February 2023, RBI has kept the repo rate constant at 6.5 percent.
history
This is an archived post. The information provided may be outdated.
