News digest: RBI repo rate, Infosys settlement plea with Sebi, and more

From RBI keeping its policy rate unchanged to buying cars this Christmas, BS brings you up to speed with the latest news

RBI MPC keeps repo rate unchanged at 6%, tells banks to shape up
 

The Reserve Bank of India (RBI) kept its policy rate unchanged and stance neutral but its governor, Urjit Patel, set stiff conditions for ailing state-owned banks to receive fresh capital from the government. Following the central bank’s fifth bi-monthly monetary policy review, the repo rate, at which the RBI lends to banks, remained at 6 per cent. Read more

Infy files settlement plea with Sebi over ex-CFO severance pay
  

Infosys on Wednesday said it had approached market regulator, the Securities and Exchange Board