Monetary Policy is the policy provided by the RBI and during the monetary policy committee meeting, RBI exposed that they left the repo rate unchanged at 4% since August 2020 and the committee maintains the accommodative stance. Apart from that the also the reverse repo rate remains unchanged at 3.35%.

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RBI Monetary Policy Highlights:

• Repo Rate - It is the rate where the bank borrows money from RBI.
• Reverse Repo Rate- It is the rate where RBI borrows money from banks.
• Marginal Standing Facility- It is the rate bank borrows funds from RBI, during the inter-bank liquidity interest rates, are volatile.
• Bank Rate - It is the rate where RBI lends money without any security to commercial banks.
• MPC Inflation - Rise in the vegetable price, fuel process, when it comes to the inflation RBI expects for January to March at 5.2%, from 2021 April to September 5.2 -5%, and for the remaining quarter of the next financial year 4.3%.
• Growth- As per MPC the sales, services, infrastructure, and other units are reviving also the COVID vaccination drive has also shown positive growth. Be it transportation, importing. exporting and other according to the economic survey the growth is in line.
• Online access to the Retail investors - RBI offers online access to the government security markets directly from the Reserve bank that is Retail Direct.
• 24x7 Help Line - RBI has created a 24/7 helpline for the customers to inquire about their queries, etc.

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