Repo Rate Unchanged: Infrastructure and construction sector continued to show solid growth says MPC

Image for representation.

By Rohit Sharma

NEW DELHI:

The Reserve Bank of India in its fourth bi-monthly statement, issued on October 5, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.

Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.





Similar Articles

Leave a Reply

Top