Monday, November 30, 2015

RBI announcement - No major change in Key rates

The Reserve Bank of India (RBI) kept benchmark repo rate unchanged at 6.75 percent.

It has also left CRR and SLR unchanged at 4 percent and 21.5 percent, respectively.

The RBI has also kept economic growth projection unchanged at 7.4 percent for FY16.

The central bank has also kept the reverse repo rate under the LAF unchanged at 5.75 percent, and the marginal standing facility (MSF) rate and the Bank Rate at 7.75 percent.

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