Current repo rate: PREAMBLE “to regulate the issue of Bank

PREAMBLE “to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth.” The repo rate is the interest rate at which RBI lends to banks and is the policy rate that influences inflation and growth. The current repo rate is 6.00% as of May 9, 2025, according to the RBI website. Money Market Operation - Reserve Bank of IndiaMoney Market Operation The Repo Rate is the interest rate at which the RBI allows commercial banks to borrow funds against various collaterals. Learn about its meaning, differences, and impact.