RBI Monetary Policy LIVE Updates:
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) kept the repo rate unchanged in the fourth bi-monthly policy meet for the financial year 2021-22, governor Shaktikanta Das said on Friday. The MPC voted unanimously to keep policy rates unchanged while it voted 5:1 to maintain an ‘accommodative’ stance .
With no change this time as well, the repo rate currently stands at 4 percent. The reverse repo rate has been maintained at 3.35 percent.
(Edited by : Anshul)
First Published: IST