RBI Keeps Repo rate Unchanged

New Delhi: The Reserve Bank of India (RBI) today kept repo rate, as well as the reverse repo rate unchanged while maintaining an ‘accommodative stance’.

According to RBI governor Shaktikanta Das the decision was taken unanimously and the repo rate was kept unchanged at 4 percent and the reverse repo rate at 3.35 percent.

This is the first MPC meeting after the presentation of the Union Budget 2021-22.

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