logo
 
The Reserve Bank of India (RBI) will announce its fifth bi-monthly monetary policy review of the current financial year this afternoon. The six-member Monetary Policy Committee, headed by RBI Governor Urjit Patel, began its three-day meeting on Monday. 

After back-to-back hikes, the apex bank had kept the key interest rates unchanged in the last policy review in October. 

The repo-rate, the rate which RBI lends to commercial banks, currently stands at 6.5 per cent. The Reverse repo-rate, the rate at which RBI borrows money from the banks, is 6.25 per cent. 



No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh

Todays Epaper

Do you think that India should not play against Pakistan in 2019 Cricket World Cup after Pulwama attack?

Yes
No
Can't Say