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Free Intraday Tips | RBI Monetary Policy News - 2/8/2017 2:38:47 AM   
tradtips


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Joined: 8/30/2016
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The Reserve Bank of India has kept its key policy rate or the repo rate unchanged at 6.25 percent for the second time in a row.

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All other rates -- reverse repo rate, the marginal standing facility rate and the bank rate -- were left unchanged.

All six members of the Monetary Policy Committee (MPC) voted in favour of holding rates.

Thus, MPC keeps repo rate unchanged at 6.25%

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