Repo rate hold also aimed at improving transmission: Experts
Fri, Feb 9, 2024 2:37 PM

Repo rate hold also aimed at improving transmission: Experts

A Flip by Shubhangi Gupta
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The RBI kept the policy repo rate at 6.5% despite inflation being under control. The transmission of previous rate hikes is still ongoing, with an increase of 107-228 basis points on new loans and 107-184 basis points on existing loans. Further transmission will be encouraged while external risks are monitored. Liquidity conditions are expected to improve in the coming weeks.

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