Dynamite News RBI Keeps Repo Rate Unchanged At 6.25%, Hikes Reverse Repo Rate
RBI keeps repo rate unchanged but makes a 6% hike in reverse repo.
New Delhi: The Reserve Bank of India (RBI) on Thursday kept its RBI keeps repo rate unchanged at 6.25 percent, but made changes in the reverse repo after it hiked it to 6 percent.
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RBI cuts repo rate by 25 basis points to 6 percent
India's central bank announced the repo rate unchanged at 6.25 percent after its Monetary Policy Committee, headed by RBI Governor Urjit Patel, ended its two day meeting today.
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RBI keeps repo rate, reverse repo rate unchanged
However, the experts believed that the central bank is likely to hold the rate tomorrow while unveiling the first bi-monthly review of 2017-18 in view of hardening inflation. (With Agency Inputs)