RBI Keeps Consumer Inflation Projection Within Target For Next 12 Months

RBI Keeps Consumer Inflation Projection Within Target For Next 12 Months

The RBI has cut the key repo rate - at which it lends to banks - by 0.35 per cent to 5.40 per cent.

Economy | | Updated: August 07, 2019 16:37 IST
RBI Keeps Consumer Inflation Projection Within Target For Next 12 Months

The MPC decided to maintain the accommodative stance on the monetary policy, the RBI said.