{"id":61567,"date":"2022-12-08T12:13:51","date_gmt":"2022-12-08T06:43:51","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=61567"},"modified":"2025-03-29T17:25:55","modified_gmt":"2025-03-29T11:55:55","slug":"rbi-notifies-revised-bank-rate-as-per-monetary-policy-statement-2022-23","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notifies-revised-bank-rate-as-per-monetary-policy-statement-2022-23\/","title":{"rendered":"RBI Notifies Revised Bank Rate as per Monetary Policy Statement 2022-23"},"content":{"rendered":"<p>On 07th November 2022, the Reserve Bank of India (RBI) issued Notification No &ndash; DOR.RET.REC.88\/12.01.001\/2022- 23 in regard to the change in Bank Rate. RBI had previously issued Circular DOR.RET.REC.70\/12.01.001\/2022-23 on 30th September 2022 in regard to the particular subject.<\/p>\n\n\n\n<p>The RBI has also issued a Press Release in regard to the Monetary Policy Statement 2022-23 on 07th December 2022, where the Bank Rate was revised upwards by 35 <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a> points (bps) from 6.15% to 6.50%, deemed effective immediately.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 07th November 2022, the Reserve Bank of India (RBI) issued Notification No &ndash; DOR.RET.REC.88\/12.01.001\/2022- 23 in regard to the change in Bank Rate. RBI had previously issued Circular DOR.RET.REC.70\/12.01.001\/2022-23 on 30th September 2022 in regard to the particular subject. The RBI has also issued a Press Release in regard to the Monetary Policy Statement [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":61571,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Announces Revised Bank Rate in Monetary Policy Statement 2022-23<\/title>\n<meta name=\"description\" content=\"The Reserve Bank of India (RBI) issued Notification No - DOR.RET.REC.88\/12.01.001\/2022-23 in regard to the change in Bank Rate.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notifies-revised-bank-rate-as-per-monetary-policy-statement-2022-23\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Announces Revised Bank Rate in Monetary Policy Statement 2022-23\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of India (RBI) issued Notification No - DOR.RET.REC.88\/12.01.001\/2022-23 in regard to the change in Bank Rate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-notifies-revised-bank-rate-as-per-monetary-policy-statement-2022-23\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-29T11:55:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2022\/12\/Revised-Bank-Rate-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61567"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=61567"}],"version-history":[{"count":1,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61567\/revisions"}],"predecessor-version":[{"id":88824,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/61567\/revisions\/88824"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/61571"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=61567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}