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

Shalini Rajneesh to be new Chief Secretary of Karnataka

Arson attacks paralyze French high-speed rail network hours before start of Olympics

Karnataka govt. decides to rename Ramanagara district as Bengaluru South

With dengue cases on rise, Karnataka minister directs officials to monitor infected persons

BJP’s charges against CM are part of conspiracy against Congress govt: D K Shivakumar

HC says Mamata can make statements about Guv conforming to law

Paris Olympics: Dhiraj, Ankita shine as Indian archers secure direct QF berths for men’s and women’s events

Related Articles More

IndiGo flags higher inflationary environment, escalation in fuel, airport costs

Sensex rebounds 1,293 points, Nifty races to record high on value buying in bluechips

IDBI Bank privatisation: Security clearances in place, RBI’s nod expected soon

Hyundai ties up with Charge Zone for high-speed EV chargers

Stock markets fall for 4th day on selling in banking shares, STT hike

MUST WATCH

BJP-JDS Session Protest

Shirur landslide

Brahma Kumaris

Tapta Mudra Dharana

Banana Farming


Latest Additions

Karnataka HC adjourns POCSO case against ex-CM Yediyurappa for a week

Heavy rain: School holiday on Saturday in Dharwad and Belagavi except Ramdurg

CBI busts cyber crime network operating from Gurugram; 43 arrested

Shalini Rajneesh to be new Chief Secretary of Karnataka

Salman residence firing: NBW issued against Lawrence Bishnoi’s brother

Thanks for visiting Udayavani

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