RBI Monetary Policy June 2024, Repo Rate Unchanged at 6.5%

Sakshi Education

RBI Governor Shaktikanta Das announced that the Monetary Policy Committee has chosen to maintain the policy repo rate at 6.5%, with a 4:2 majority decision. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25%, while both the marginal standing facility (MSF) rate and the bank rate stand firm at 6.75%.
Policy Repo Rate: 6.50% (Unchanged)
Standing Deposit Facility (SDF): 6.25% (Unchanged)
Marginal Standing Facility Rate: 6.75% (Unchanged)
Bank Rate: 6.75% (Unchanged)
Fixed Reverse Repo Rate: 3.35% (Unchanged)
CRR: 4.50% (Unchanged)
SLR: 18.00% (Unchanged)