RBI Monetary Policy Latest Updates:-


On April 7, 2021, the Reserve Bank of India Monetary Policy Committee declared the results of its bi-monthly monetary policy review: Take a look at key points on RBI Monetary policy.

Key Points:-



Important RBI Terms:-

Repo Rate

The repo rate is considered a rate that the Reserve Bank of India provides loan to India's commercial bank.

Reverse Repo Rate

The reverse repo rate is considered a rate in which RBI borrows funds from India's commercial bank.

CPI

CPI stands for consumer price index. It is the evaluation that inspects the estimated standard of prices of services and goods purchased by consumers.

MSF Rate

MSF refers to Marginal Standing Facility. The MSF is a rate that the Reserve Bank of India lends money to the listed banks against Government securities.