Wednesday 7 December 2016

RBI announces 5th bi-monthly policy review

RBI-announces-5th-bi-monthly-policy-review RBI announces its first monetary policy after demonetisation, repo rate and reverse repo rate remain unchanged; retail inflation at 5 per cent in the fourth quarter of current fiscal.In the policy key interest rates have been kept unchanged. While Repo
Rate has been kept at 6.25 percent while Reverse Repo Rate has been kept at 5.75 percent. 

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