No impact on EMIs as RBI keeps repo rate unchanged at 6.5%
The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% for the third time in a row. The decision was unanimous, according to RBI Chief Shaktikanta Das. The RBI has raised repo rates by a total of 250 basis points since May 2012 to tackle inflation and to ensure retail inflation remains at 4% with a margin of 2% on either side.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
