RBI Monetary Policy 2021 June Live Updates, Highlights: Currently, the Repo Rate or the lending rate is at 4 percent and reverse repo rate or Reserve Bank of India’s borrowing rate is at 3.35 percent. These rates were kept unchanged during the April’s monetary policy review statement.
announce its bi-monthly monetary policy review today. RBI Governor Shaktikanta Das will read out
Monetary Policy statement shortly. India’s central bank’s bi-monthly policy is coming even as the second wave of Covid pandemic has started to slow down due to the fall in daily number of
Coronavirus cases. All eyes will be on RBI’s decision on Repo rate as apprehension over inflation looms large. However, economy experts and observers have predicted that RBI may not
announce any reduction in key lending rates. Friday’s policy statement will come after RBI’s Monetary Policy Committee (MPC) started three-day deliberations on June 2. In April, RBI had
announced its first monetary policy of the ongoing financial year that commenced on April
Currently, the Repo Rate or the lending rate is at 4 percent and reverse repo rate or RBI’s borrowing rate is at 3.35 percent. These rates were kept unchanged during the April’s monetary
policy review statement.
Follow RBI Monetary Policy 2021 June Live Updates Here:
RBI Monetary Policy 2021 Dates:
June 2 to June 4, 2021
August 4 to August 6, 2021
October 6 to October 8, 2021
December 6 to December 8, 2021
RBI Monetary Policy Time: RBI Monetary Policy 2021 statement of Reserve Bank of India Governor Shaktikanta Das will be at 10:00 am today.