Thursday, June 17, 2021
Home Business RBI Monetary Policy: Repo rate unchanged, gold loans enhanced

RBI Monetary Policy: Repo rate unchanged, gold loans enhanced

On Thursday, the Reserve Bank of India Governor Shaktikanta Das announced key monetary policy decisions in a press conference. He announced that the repo rate of 4% and reverse repo rate of 3.3% will remain unchanged. Gold loans have been enhanced to 90% of the value, earlier it was at 75%. Shaktikanta Das announced National Housing Bank (NHB) and National Bank for Agriculture and Rural Development (NABARD) will be provided with Rs. 10,000 crore additional liquidity facility. He also stated that the economy has started to recover.

Check out the full video of RBI’s monetary policy address , if you have missed it

Read More – Hindustan Times | Financial Express | Deccan Herald

50% LikesVS
50% Dislikes

News Verification For Headline Auditors

If this seems like a news that is relevant to your industry. Would you like to verify the authenticity of the news?
Please Enter your Secret Key

We are building a board of industry expert to help us verify important news stories. If you would like to empanel yourself, please click here.

Report Post

Avantika Yadav
23, Content Editor @HeadlineEnglish @HeadlineHindi

TRENDING NEWS

LATEST NEWS