RBI Monetary Policy December 2022: Major Highlights

Wednesday, December 07 2022

The RBI has increased repo rate to 6.25%, by 35 bps from 5.90%. The standing deposit facility (SDF) rate stands adjusted to 6.00 per cent from the previous 5.65 per cent. The marginal standing facility (MSF) rate and the Bank Rate have been increased to 6.50 per cent from the previous 6.15 per cent. ØThe MPC has 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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