2 min read.Updated: 06 Aug 2021, 10:54 AM ISTLivemint
RBI Policy: Governor Shaktikanta Das announced the August bi-monthly monetary policy statement today, kept repo rate unchanged
The Reserve Bank of India (RBI) governor Shaktikanta Das today announced the August bi-monthly monetary policy statement. As expected, the RBI has kept the repo rate unchanged at 4% for the seventh straight meeting. The Monetary Policy Committee (MPC) continues to maintain its 'Accomodative’ stance. The reverse repo rate stands at 3.35%.
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