RBI Monetary Policy: Repo rate unchanged, inflation, GDP growth and more; Top 10 highlights you need to know

RBI kept the repo rate unchanged at 4%.

New Delhi: Despite rising inflation, the Reserve Bank of India (RBI) retained the benchmark interest rate at 4% on Friday and opted to maintain its accommodative posture.

The Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, has kept the status quo for the 11th time in a row. In an off-policy cycle, the RBI dropped its policy repo rate, or short-term lending rate, to a historic low on May 22, 2020, in order to boost demand by decreasing the interest rate to a historic low.

10 key highlights

Live TV