Tuesday, June 7, 2016

Top five key takeaways from RBI's monetary policy meet :

The Reserve Bank of India (RBI) on expected lines kept key interest rates on hold in its second Bi-monthly Monetary Policy Statement, but expressed concerns over rising inflation . 

The RBI on Tuesday kept policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent, consequently, the reverse repo rate under the LAF will remain unchanged at 6.0 per cent. 

The cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net dema .. 

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