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  • News From Press RBI to keep repo rate unchanged in April policy review? Here is what report says

    RBI to keep repo rate unchanged in April policy review? Here is what report says

    Source : Financial Express Mar 30, 2018

    The Reserve Bank of India (RBI) is likely to keep the repo rate, or the rate at which it lends to banks, unchanged at 6 per cent in its policy review on April 5 as economic growth recovers and inflation trends lower, says a report. According to global financial services major UBS, the tone of the policy statement by the RBI’s monetary policy committee (MPC) is expected to “remain cautious while maintaining a neutral policy stance”.

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