Business EconomPosted at: Jun 4 2021 11:08AM
The Apex Bank kept the key rates unaltered for the sixth time in a row.
It slashed Repo rates by a total 115 basic points since March 2020 to soften the blow from Covid 19 pandemic, he said.
Recent fall in inflation provides elbow room and policy support from all sides required to maintain growth momentum. It is expected the Forex Reserves have breached the $600 billion mark, the RBI governor said.
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