RBI Governor

RBI Monetary Policy 2021 The Reserve Bank of India (RBI) in its first monetary policy meeting after the Union Budget 2021-22 has decided to maintain a status quo on key policy rates. The 6-member Monetary Policy Committee (MPC) directed by RBI Governor Shaktikanta Das kept the repo rate and reverse repo rate unchanged at 4% […]

The Reserve Bank of India has no immediate plans to reduce interest rates and this does have a bearing on the property market in India, as lower interest rates on housing loans can lead to positive triggers, including more demand from buyers, lower loan rates and more purchasing power, apart from lower taxes. However, the […]