
The Reserve Bank Of India keeps key rates unchanged in its bi-monthly monetary policy
The Reserve Bank Of India kept interest rates unchanged in its monetary policy. The Repo Rate has been kept at 4% while the Reverse Repo Rate at the central bank’s borrowing has been unchanged at 3.35%. For the 6th time in a row, RBI has kept benchmark rates unchanged. MSF and Bank rate have also been maintained at 4.25%.