April 20, 2021

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RBI keeps repo rate unchanged at 4%

The Reserve Bank of India (RBI) on Wednesday decided to keep key lending rates unchanged for the fifth consecutive time in its April policy review meeting. The six-member monetary policy committee (MPC), headed by governor Shaktikanta Das, retained repo rate at 4 per cent and reverse repo rate at 3.35 per cent, while maintaining accommodative stance....

The Reserve Bank of India (RBI) on Wednesday decided to keep key lending rates unchanged for the fifth consecutive time in its April policy review meeting. The six-member monetary policy committee (MPC), headed by governor Shaktikanta Das, retained repo rate at 4 per cent and reverse repo rate at 3.35 per cent, while maintaining accommodative stance.

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