New Delhi, Oct 8: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained its status quo on rates in its bi-monthly Monetary Policy meeting on October 8.
The six-member Monetary Policy Committee (MPC) of India’s central bank kept the key lending rate — repo rate unchanged at 4 per cent for the eighth time in a row. The reverse repo rate remained unchanged at 3.5 per cent.
