Wednesday, December 5, 2018

RBI keeps repo rate unchanged at 6.5 %

On the basis of an assessment of the current and evolving macroeconomics situation, the Monetary Policy Committee has decided to keep the policy repo rate under the Liquidity Adjustment Facility unchanged at 6.5 %. Consequently, the reverse repo rate under LAF remains at 6.25 % and the marginal standing facility rate and the bank rate at 6.75 %.

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