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RBI Monetary Policy: Repo, reverse repo rates unchanged at 6.50%, 6.25%

Updated : October 05, 2018 05:30 PM IST

The Reserve Bank of India kept the repo rate unchanged at 6.50 percent.
The Monetary Policy Committee (MPC) voted 5:1 in favour of a status quo.
The MPC headed by RBI Governor Urjit Patel said that the recent excise duty cut by the government on petrol and diesel will help contain inflation.
RBI Monetary Policy: Repo, reverse repo rates unchanged at 6.50%, 6.25%
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