In the latest mid-quarterly monetary policy RBI has not changed any of the key interest rates like CRR , Repo and Reverse Repo rate. At the moment, the repo and reverse repo rate stands at 8.5% and 7.5% . CRR is 6% .
In the past 1 yr, RBI has consistenly increased the interest rates, but it was not changed this time. It was because of the expectations that in coming weeks inflation will moderat.
In the past 1 yr, RBI has consistenly increased the interest rates, but it was not changed this time. It was because of the expectations that in coming weeks inflation will moderat.