Repo, reverse repo rate unchanged. What it mean for loan rates & savings bank deposit rates?

Watch Madan Sabnavis, Chief Economist, CARE Ratings explain the Reserve Bank of India move to keep the repo and reverse repo rate unchanged in its latest review of India’s monetary policy. The central bank maintained an accommodative stance, even as it revised its consumer inflation forecasts. The RBI has retained its real GDP growth forecast at 9.5 per cent for FY22. ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today