
Repo rate and reverse repo rate have been kept unchanged along with accommodative stance

The Reserve Bank of India's (RBI) monetary policy committee (MPC) will announce its interest rate decision today.

Since March 2020, the RBI has kept the repo rate at 4%, due to its focus on supporting the economy

As recklessness mounts among investors, the government must pass the cryptocurrency legislation on a priority basis.

While RBI has to maintain the recovery in the economy, inflation itself could dampen demand and impact the growth process.

Gilt funds are believed to bear little to no credit risk because the government issues the underlying securities.

Even while keeping interest rates low, it may have a re-look at liquidity level in the system

The RBI is expected to keep rates on hold and maintain its accommodative approach, according to a Morgan Stanley recent study.

In the last financial year there were 2,233 cr UPI transactions worth Rs 41 lakh cr. The democratisation of credit will be the next big thing.

The earlier deadline to integrate was April 1, but now it’s October 1