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RBI Repo Rate: Reserve Bank Governor Sanjay Malhotra presented information about the decision taken at the Monetary Policy Committee (MPC) meeting, "MPC has decided to retain the MPC policy repo at 5.5 per cent." "The Currency Policy Committee did not change the repo rate." He pointed out a boom in the economy. #Watch | The Monetary Policy Committee decides to not convert the repo rate to 5.5%, says Reserve Bank Governor Sanjay Malhotra, says the neutral position to continue. . At the same time, the assessment of retail inflation for the current fiscal year has been reduced to 3.1 per cent, which is estimated to be 3.7 percent before. From February to the repo rate, the central bank has reduced the repo rate from February this year by one percent. In June this year's monetary policy review, the repo rate was reduced by 0.5 per cent. At the same time, in February and April's currency policy review, the repo rate was reduced by 0.25-0.25 per cent. What is the effect of repo rate and no change? Repo is the interest rate of business banks to meet their immediate needs. Since the repo rate is unchanged, there is no chance of transferring interest on residential, vehicle and other retail loans. Post -Reserve Bank Repo Rate: There is no change in the repo rate, the Reserve Bank is retained at 5.5%, and know the result, first appeared in Prabhat Kabar.