Udayavni Special

RBI keeps interests rates unchanged


PTI, Apr 7, 2021, 11:15 AM IST

Mumbai: Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of COVID-19 cases.

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained an accommodative policy stance to support growth.

RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) kept its estimate for economic growth unchanged at 10.5 per cent for the current fiscal.

MPC saw inflation edging up to 5.2 per cent in the first half of the new fiscal from 5 per cent in the January-March period and moderate to 4.4 per cent in Q3 of FY22.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Nikhil Kumaraswamy tests Covid positive on first wedding anniversary

COVID: Hazrat Nizamuddin Aulia Dargah to remain closed till April 30

Joona Akhara announces end of its participation in Kumbh Mela

Prince Philip laid to rest in Royal Vault at Windsor Castle

Karnataka reports biggest single day spike of 17,489 COVID cases, 80 deaths

Queen sits alone at funeral for Prince Philip to set example

Dog tied to scooter,dragged on road in Kerala; cops register case




Related Articles More

US keeps 11 countries including India, China, Japan in currency practices monitoring list

Altbalaji aims to double subscribers in 2021

Businesses owned by women entrepreneurs likely to grow up to 90% in next 5 yrs in India: Study

Second wave of COVID-19 poses risk to economic recovery; Q4 GDP to be hit: Report

Vodafone Idea makes full payment to DoT with interest following showcause notice

MUST WATCH

George Kadiyali | Can We Grow More Food on Less Land?

Udayavani 17-April-2021 News Bulletin

The fear of Covid 2nd Wave!!

Congress Karyakartas accuses police

Success story of a retired teacher in Betel Leaf Farming | Betel Leaf Cultivation

Latest Additions

Nikhil Kumaraswamy tests Covid positive on first wedding anniversary

COVID: Hazrat Nizamuddin Aulia Dargah to remain closed till April 30

Joona Akhara announces end of its participation in Kumbh Mela

Prince Philip laid to rest in Royal Vault at Windsor Castle

Karnataka reports biggest single day spike of 17,489 COVID cases, 80 deaths

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.