You are here: Home » Markets » News
Business Standard

Monetary policy review: RBI keeps repo rate unchanged at 6.5 per cent

RBI said the policy stance had changed to 'calibrated tightening' from neutral. Headline inflation was estimated to accelerate to 4.5% by March 2019 quarter with upside risks

Topics
Rbi Policy Rate  |  Rbi Rate Hike  |  Crude Oil

SI Reporter  |  New Delhi 

Reserve Bank of India
FILE PHOTO: A security personnel member stands guard at the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai | Photo: Reuters

Contrary to market expectations, the monetary policy committee (MPC) of the Reserve Bank, in its fourth bi-monthly monetary policy review of 2018-19, kept repo rate unchanged at 6.5 per cent on Friday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Fri, October 05 2018. 14:46 IST
RECOMMENDED FOR YOU
.