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Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) February 8-10, 2022 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (February 10, 2022) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 percent. The reverse repo rate under the LAF remains unchanged at 3.35 percent and the marginal standing facility (MSF)
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FAQ :
The Monetary Policy Committee decided to keep the policy repo rate unchanged at 4.0 percent.
This is the tenth consecutive meeting where the RBI has kept the repo rate unchanged.
The RBI has decided to continue with an accommodative stance as long as necessary to revive and sustain growth, mitigate the impact of COVID-19, and ensure inflation remains within the target.
The reverse repo rate remains unchanged at 3.35 percent, and the marginal standing facility (MSF) rate and Bank Rate remain at 4.25 percent.
The RBI's medium-term target for consumer price index (CPI) inflation is 4 percent, with a band of +/- 2 percent.
The minutes of the MPC's meeting will be published on February 24, 2022.
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