RBI Keeps Rates Unchanged

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RBI-swadeshvichar

Swadesh Vichar-Mumbai (04/06) : The Reserve Bank of India has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22 on Friday. Accordingly, the Monetary Policy Committee of the central bank voted to maintain the repo rate, or short-term lending rate, for commercial banks at 4 percent. The reverse repo rate, marginal standing facility and  Bank Rate was kept unchanged.

 

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