Gallery
- Karnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)Wedding pics: Mouni Roy marries Suraj Nambiar in South Indian ceremony73rd Republic Day Parade 2022 - In Pictures
Olympic bronze medallist Bajrang Punia has been provisionally suspended by the National An
- Laureus Award 2024 : Novak Djokovic, Aitana Bonmati win top honours at Laureus Sports Awards
- Asian Games medallist Jyothi Yarraji to train in Spain ahead of Paris Olympics
- Lione Messi said Retirement not on my mind
- Indian Wells: Alcaraz, Swiatek win titles
- African footballer chased and thrashed away in Kerala; reports
RBI keeps repo rate unchanged at 4 percent Last Updated : 05 Feb 2021 12:20:01 PM IST RBI Governor Shaktikanta Das Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21.
Accordingly, the Monetary Policy Committee (MPC) of the central bank voted to maintain the repo rate, or short-term lending rate, for commercial banks, at 4 per cent.Likewise, the reverse repo rate was kept unchanged at 3.35 per cent, and the marginal standing facility (MSF) rate and the 'Bank Rate' at 4.25 per cent.It was widely expected that the Reserve Bank's MPC will hold rates.Announcing the MPC decision on a virtual platform, RBI Governor Shaktikanta Das gave a stable near term outlook on inflation.The inflation rate, he said is seen at 5.2 per cent in Q4FY21.However, rising petroleum and raw materials costs was pointed out as a source of concern.On the growth front, Shaktikanta Das said the outlook has improved significantly with positive impulses becoming more broad based.Besides, he mentioned the ongoing vaccination drive, expanding number of normalising sectors and reviving consumer confidence.Additionally, he said the GDP growth has been projected at 10.5 per cent in FY22.IANS Mumbai For Latest Updates Please-
Join us on
Follow us on
172.31.16.186