RBI keeps key interest rate unchanged in 5th Bi-Monthly Monetary Policy statement

The Reserve Bank of India (RBI) has announced its Fifth Bi-Monthly Monetary Policy statement for 2017-18 today. The monetary policy committee of Reserve Bank of India kept interest rates (Repo Rate) unchanged at 6 percent. The reverse repo rate under the LAF remains at 5.75 percent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 percent.

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