RBI Monetary Policy LIVE Updates: MPC keeps repo rate unchanged at 4%

By Administrator_India

Capital Sands

RBI Monetary Policy LIVE Updates: The Monetary Policy Committee (MPC) has decided to maintain status quo and keep interest rates unchanged. Currently, the repo rate is 4 percent and reverse repo rate is 3.35 percent. Reserve Bank of India (RBI) Governor Shaktikanta Das said the policy stance continues to be “accommodative”. The central bank was widely expected to maintain the interest rates.