The RBI kept repo rate unchanged for the second consecutive time at 5.15 per cent and reverse repo rate at 4.90 per cent in its sixth bi-monthly monetary policy meet. It also decided to continue with its accommodative stance. The central bank has pegged GDP growth for 2020-21 at 6 per cent. It also anticipates inflation to remain elevated in short-run.
from Times of India https://ift.tt/2GY0VNh
Wednesday, February 5, 2020
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