RBI keeps the policy repo rate unchanged in fifth Bi-monthly Monetary Policy Statement

Reserve Bank Functions and news

In the fifth bi-monthly monetary policy statement announced on Thursday (dated 05.12.2019), MPC decided to keep policy REPO rate under the liquidity adjustment facility (LAF) unchanged at 5.15 per cent. The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within…

RBI keeps key rates unchanged

Bank News

In its first bimonthly monitory policy statement for 2015-16, RBI today (07/04/2015) said that on the basis of an assessment of current and evolving macro-economic situation, it has been decided to continue the following rates unchanged. CRR……………………………………….  4.00% SLR………………………………………..21.50% Repo Rate…………………………….     7.50% Reverse Repo Rate……………….     6.50% Marginal Standing Facility Rate  …