News > RBI Monetary Policy: Repo rate remains unchanged at 4%

RBI Monetary Policy: Repo rate remains unchanged at 4%

Reserve Bank of India (RBI) Governor Shaktikanta Das on December 8 announced that the central bank has decided to keep key rates unchanged - repo rate remains at 4 percent and the stance remains accomodative.

Amid global scare due to new coronavirus variant Omicron, the RBI was expected to maintain status quo in its upcoming monetary policy and wait for a more opportune time to calibrate benchmark interest rate to promote growth without sacrificing the main objective of containing inflation.