• 5 minutes ago

Monetary policy review: RBI keeps Repo Rate unchanged at 4%

Apr 07, 2021, 12:22PM ISTSource: TOI.in

RBI governor Shaktikanta Das, during the bi-monthly monetary policy review for the month of April, keeps the repo rate and reverse repo rate unchanged for the fifth consecutive time. RBI, meanwhile, retained the gross domestic product(GDP) growth at 10.5 percent. RBI Governor said, “The recent surge in Covid cases adds to the uncertainty to the domestic growth outlook amid tightening measures and partial lockdowns imposed by certain state governments.”

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