Interest rates to remain unchanged as RBI keeps repo rate at 4%

Your EMI rates will remain the same as the Reserve Bank of India has kept the repo rate unchanged at 4%,ย maintaining an accommodative stance. The reverse repo rate stands at 3.35%.

Making the announcement, RBI governor Shaktikant Das informed that the projection of real GDP growth for 2021-22 is retained at 10.5%.

“The recent surge in COVID19 cases adds uncertainty to the domestic growth outlook amid tightening of restrictions by some state governments,” he added.

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