Breaking- RBI sets repo rate unexchanged at 4%, GDP projected at 9.5% in FY22
RBI has not changed the repo rate, read below to know more.
The RBI governor headed 6 member Monetary Policy Committee met for three days from 6th October. The central bank revised the policy rate on 22nd may 2020 in an off-policy cycle to perk up demand by canceling the interest rate to a historic low. It has refrained from taking any action on interest rates.
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