Monetary Policy: RBI keeps repo rate unchanged 11th time in a row at 4 per cent

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the Monetary Policy Committee (MPC) unanimously decided to keep the key interest rates unchanged. This is the 11th time in a row when the RBI didn’t change the key rates. Accordingly, the repo rate stands at 4 per cent and the reverse repo rate at 3.35 per cent.

Generated by Feedzy