RBI maintains status quo on policy rate, repo unchanged at 4%
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The Reserve Bank of India (RBI) on Wednesday maintained status quo for the fifth time in a row on policy rate. RBI Governor Shaktikanta Das-headed rate-setting panel, Monetary Policy Committee (MPC), has left the repo unchanged at 4 per cent. The reverse repo rate stands at 3.35 per cent.
The Reserve Bank of India (RBI) on Wednesday maintained status quo for the fifth time in a row on policy rate. RBI Governor Shaktikanta Das-headed rate-setting panel, Monetary Policy Committee (MPC), has left the repo unchanged at 4 per cent. The reverse repo rate stands at 3.35 per cent.
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