RBI Monetary policy : Repo Rates unchanged at 4%; GDP growth projected at 7.2%
What is the news:
- RBI Governor Shaktikanta Das on Friday announced that the Central bank has kept the repo rate – the key lending rate –
- The Governor announced the decision while delivering a statement on the first monetary policy of the new financial year.
- The Governor informed that the real GDP growth for 2022-23 has been projected at2%.

Highlights of the RBI’s first monetary policy statement of 2022-23:
- Policy repo rate unchanged at 4%; marginal standing facility rate & bank rate, too, remain unchanged at 4.25%.