The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

The major announcements of the Reserve Bank of India made by Shaktikanta Das (The Governor of RBI) involve: No change in Repo Rate. It remains at 4% No change in Reverse Repo Rate. It remains at 3 ...

Reverse Repo Rate In India is the fixed interest rate – currently 50 bps below the repo rate – at which the Central Bank absorbs liquidity, on an overnight basis, from banks against the ...

The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India ... rate from 6.50% to 6.25%. It then left the cash reserve ratio at 4.0% and the Reverse REPO ...