Status Quo In Monetary Policy To Support Government’s Big Borrowing Plan

Feb-2021

The Reserve Bank of India (RBI) has kept key policy rates unchanged, for the fourth consecutive time, followed by the Union Budget 2021, which focussed on a significant borrowing plan. The repo rate stands at 4 per cent and reverse repo rate at 3.35 per cent. Besides, the marginal standing facility rate and the bank rate remain unchanged at 4.25 per cent.