Repo rates remain unchanged at 6.50%: What this means for the FD investors?
In this article, we will delve into how RBI has changed repo rates and its impact on the economy
The Reserve Bank of India (RBI) plays a critical role in regulating the country's monetary policy. One of the essential tools at RBI's disposal is the repo rate. The repo rate is the rate at which financial institutions borrow funds from the central bank to meet their short-term liquidity requirements. The RBI constantly monitors and adjusts the repo rates to keep the country's economy stable and ensure that there is enough credit flow to meet the needs of businesses and individuals. In this article, we will delve into how RBI has changed repo rates and its impact on the economy.
Recent changes in repo rates by RBI