RBI Keeps Repo Rate Unchanged At 6.5% | What Is Repo Rate? | Reasons For Repo Rate Pause UPSC 2023

Описание: The Reserve Bank of India has decided to keep the Repo Rate unchanged at 6.5% after raising the Repo Rate in six consecutive policies. The unexpected Repo Rate pause by RBI comes amidst raising concerns over global financial stability. RBI’s move of keeping Repo Rate unchanged will give a breather to borrowers i.e, the lending rates, that are linked to Repo Rate, will not increase.

What is Repo Rate? What are RBI's recent Monetary Policy announcements? What is RBI's Monetary Policy? What has RBI decided to keep Repo Rates Unchanged? What is the current Repo Rate? How will Repo Rate affect home loans? for answers to these questions and much more watch the full video. Understand various current affairs topics, strictly from the perspective of the UPSC Civil Services Examination, subscribe to our YouTube Channel Now!!!

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