Retaining Stand: RBI Maintains Rates, Accommodative Stance ...Middle East

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Retaining Stand: RBI Maintains Rates, Accommodative Stance
Mumbai: Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. Accordingly, the Monetary Policy Committee (MPC) of the central bank voted to maintain the repo rate, or short-term lending rate, for commercial banks, at 4 […] The post Retaining Stand: RBI Maintains Rates, Accommodative Stance appeared first on Ommcom News.

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