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 ...

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 ...

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 ...

Mumbai: The Reserve Bank of India on Thursday announced its decision to suck out ₹25,000 crore of liquidity from the banking system through the variable reverse repo rate (VRRR) auction.

Intraday high of call money rates trends higher than repo rate since April 17 on demand from a few banks, say experts The intraday high of India’s ... (variable rate reverse repo) window ...