Omicron impact concern forces RBI to keep reverse repo rate unchanged

Variable rate reverse repo auction seems to be the central bank's mode to fine tune excess liquidity.

Reserve Bank of India, RBI

Photo: Bloomberg

The monetary policy committee (MPC) of the Reserve Bank of India on Wednesday kept the key interest rate (repo) unchanged at 4% for the

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First Published: Dec 8 2021 | 12:34 PM IST

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