The Reserve Bank of India in its last bi-monthly monetary policy committee (MPC) meeting of the year on Thursday has maintained the key repo rate at 5.15 percent while keeping its policy stance as "accommodative." The RBI's decision comes against the wider expectation of a rate cut. The current 5.15 percent rate is the lowest in nine years. The MPC was led by the RBI governor Shaktikanta Das and all six members voted in favour of the decision.
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RBI monetary policy: Key quotes from Governor Shaktikanta Das
By CNBCTV18.COM| IST (Updated)
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