The reverse repo rate - the interest rate banks earn for parking short-term funds at the RBI - is mostly expected to remain unchanged at 3.35 percent, but several economists have priced in a small increase as the central bank tries to normalise the gap between the lending and borrowing rate to pre COVID-19 levels.RBI may refrain from reverse repo hike on Omicron worry
The reverse repo rate - the interest rate banks earn for parking short-term funds at the RBI - is mostly expected to remain unchanged at 3.35 percent, but several economists have priced in a small increase as the central bank tries to normalise the gap between the lending and borrowing rate to pre COVID-19 levels.
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