New Delhi: Reserve Bank Monetary Policy Committee (RBI) (MPC) on Friday kept policy interest rates unchanged at 4 percent for the eighth consecutive time and continued with an accommodating attitude.
MPC Six Members, led by the Governor of Shaktikanta Das, met for three days from October 6.
The Repo level was a level in which the RBI led to the bank, while the repo level was reversed where he borrowed from the bank.
The following is the main limitation: RBI maintains the status quo for the 8th time * RBI keeping the repo level unchanged at 4 percent, maintaining an accommodating attitude * Reverse repo levels also unchanged at 3.35 percent.
* MPC chose 5: 1 to maintain the accommodating attitude, said the Governor of RBI.
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