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RBI monetary policy: MPC keeps repo rate unchanged; read full text here

The six member monetary policy committee of the Reserve Bank of India (RBI), lead by Governor Urjit Patel, on Wednesday decided to keep the key policy rates unchanged in its final policy of FY18

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BS Web Team New Delhi
Sixth Bi-monthly Monetary Policy Statement, 2017-18
Resolution of the Monetary Policy Committee (MPC)
Reserve Bank of India
 
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to:
• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent.
 
Consequently, the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent.
 
The decision of the MPC is