Tag: eserve Bank of India (RBI)

RBI disappoints market, keeps repo rate unchanged

The Monetary Policy Committee of the Reserve Bank of India (RBI) on kept the short-term lending rate, called repo rate, unchanged at 6.25 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate…