RBI Monetary Policy - 8th June 2022

Wednesday, June 08 2022

Monetary Policy Announcement on 8 June 2022:

The Monetary Policy Committee (MPC) at its meeting (8 June 2022) decided to:

Increase the policy repo rate by 50 basis points to 4.90 per cent from 4.40 per cent.
The standing deposit facility (SDF) rate stands adjusted to 4.65 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 5.15 per cent.[SDF=Repo-25 bps; MSF=Repo+25 bps]

The MPC decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.

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