RBI keeps repo rate, reverse repo rate unchanged

Mumbai (Maharashtra) [India] : The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent and 6.25 per cent, respectively. The six-member monetary policy committee (MPC) after its meeting said the decision was taken on the basis of a 5:1 majority. “The decision of the MPC is consistent with the stance of calibrated tightening of monetary policy in consonance with the objective of achieving medium term target for consumer price index (CPI) inflation of 4 per cent within a band of 2 per cent while supporting growth,” a statement from the RBI read.

The MPC said the GDP is expected to grow by 7.4 per cent in 2018-19, up from 6.7 per cent in the previous fiscal. It further noted that inflation will clock 3.8 per cent in the third quarter of 2018-19 and 4.5 per cent in the next quarter of the current fiscal. As per the RBI panel, the hike in minimum support price (MSP) for Kharif crops, rising crude oil prices and uncertain global financial environment may hamper inflation. After the last policy meeting, the RBI in August had hiked the repo rate by 25 basis points to 6.5 per cent, while maintaining a neutral stance on the stability in the market.



  1. Pingback: They live 제드작 on Virginia by 롤 인증 last day.

  2. Pingback: 카지노사이트

  3. Pingback: versace watch replica brands of watches low price

  4. Pingback: fake best swiss watches

  5. Pingback: hongkongpools

  6. Pingback: british dragon legit steroids

  7. Pingback: digital marketing agency Hong Kong

  8. Pingback: replica watches

  9. Pingback: Coolsculpting

  10. Pingback: Regression Testing

  11. Pingback:

  12. Pingback:

  13. Pingback:

  14. Pingback: it danışmanlık ücretleri

  15. Pingback: buy best dumps

  16. Pingback: Uni of dy

  17. Pingback: Online casino

  18. Pingback: หุ้นnova87

  19. Pingback: Webcam Amateurs De Sexes

  20. Pingback: สล็อตวอเลท

  21. Pingback: sig sauer xm5 rifle for sale

  22. Pingback: Shrooms for sale near me

  23. Pingback: สล็อต pg เว็บตรง

  24. Pingback: sportsbet

  25. Pingback: sbobet

  26. Pingback: เงินด่วนออนไลน์โอนเข้าบัญชี

  27. Pingback: 토토셔틀

  28. Pingback: 포인트홀덤

  29. Pingback: polka dot chocolates where to buy

  30. Pingback: click here for more info

  31. Pingback: ประกันรถยนต์ ราคา

Leave a Reply

Your email address will not be published.

14 + one =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us