RBI keeps policy rate unchanged 8th time in a row; maintains accommodative stance
RBI's Monetary Policy Committee (MPC) decided to keep key rates unchanged, said Governor Shaktikanta Das, announcing the outcome of the three-day bi-monthly review on Friday. Das said the MPC voted to keep the repo rate unchanged at 4% and maintained an accommodative stance to support growth. Reverse repo rate also remains unchanged at 3.35%.