RBI Policy repo rate unchanged at 6%

Fifth Bi-monthly Monetary Policy Statement, 2017-18

On the basis of an assessment of the current and evolving macroeconomic situation at the meeting today, the Monetary Policy Committee (MPC) of RBI has decided to

· Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%.
· Consequently, the reverse repo rate under the LAF remains at 5.75%, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25%.

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