RBI keeps repo rate unchanged in 5th bi-monthly monetary policy review

rbi-finance-ministry-to-consider-cheaper-auto-home-loans-scheme_180913050228RBI to shortly finalise the methodology for determining the base rate based on the marginal cost of funds

The Reserve Bank of India (RBI) has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.75% at its fifth bi-monthly monetary policy review. The cash reserve ratio (CRR) of scheduled banks was also maintained unchanged at 4.0% of net demand and time liability (NDTL); Read More

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