RBI Keeps Key Rates Unchanged

The Reserve Bank of India kept all the key rates unchanged in its Mid-Quarter Policy Review announced on December 18. The repo rate has been kept unchanged at 8 per cent and the cash reserve ratio has also been kept unchanged at 4.25 per cent. Consequently, the reverse repo rate will remain unchanged at 7 per cent, and the Marginal Standing Facility (MSF) and the Bank Rate at 9 per cent.

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