Mon, Apr 03, 2023
RBI MPC meeting April 2023: Reserve Bank of India (RBI) Governor Shaktikanta Das-led Monetary Policy Committee — the central bank's all-powerful panel that decides the benchmark interest rates in the country — on April 6 announced a surprise status quo on the repo rate, leading to an intraday recovery on Dalal Street. Repo rate is the benchmark rate of interest at which the RBI lends money to commercial banks — this is the very rate that determines the EMI you pay for any of your loans. Follow this space to know all about the RBI MPC's second bi-monthly review of 2023, minute-by-minute updates, the views of Zee Business Managing Editor Anil Singhvi and other experts, realtime analysis and much more, only on Zeebiz.com's LIVE blog.
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