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

Congress’ guarantees implemented in Karnataka amid BJP’s false propaganda: Shivakumar

Followers of Sanatan Dharma will respond to those disrespecting it: Pawan Kalyan

Pushpa bows down to no one, but will do so for you: Allu Arjun to fans at ‘Pushpa 2’ trailer launch

Magnus Magic in Kolkata: Carlsen completes double in style

Actor-singer held with MDMA, ganja

Truth coming out: PM Modi on movie on Godhra train burning

Only ineligible BPL cards will be weeded out, no impact on eligible cardholders: K’taka CM

Related Articles More

Sitharaman responds to X user seeking relief for middle class

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR

Indian economy well placed to handle any kind of spillovers from global events: RBI Guv

Credifin Limited (previously PHF Leasing Limited) announces Q2 results for FY 2024-2025

MUST WATCH

Swimming pool

| ₹50 LAKH SEIZED FROM TIRE |

New Technology In Kambala

Lakshdeepotsava 2024 Shree Krishna Mutt

Punganur Cow


Latest Additions

Congress’ guarantees implemented in Karnataka amid BJP’s false propaganda: Shivakumar

Followers of Sanatan Dharma will respond to those disrespecting it: Pawan Kalyan

Pushpa bows down to no one, but will do so for you: Allu Arjun to fans at ‘Pushpa 2’ trailer launch

Priyanka Gandhi leads roadshow in Nagpur

Sport teaches values beyond competition: Srihari Nataraj

Thanks for visiting Udayavani

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