The Reserve Bank of India ... the economy. Repo Rate has a direct impact on loans and EMIs for cars, houses, education, personal or business, credit cards, and mortgages. The Reverse Repo Rate ...

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 ...