 "Focus on sustainability of agriculture, not loan waivers, says RBI")
The Reserve Bank of India’s monetary policy committee (MPC) left key interest rates unchanged for the tenth straight time on Thursday, retaining an accommodative stance amid the threat surrounding Omicron coronavirus variant.
The repo and reverse repo rates remained unmoved at 4 per cent and 3.35 per cent, respectively, said RBI governor Shaktikanta Das in his policy statement. READ MORE
As a result of which, the markets which were wobbly in morning trade, firmed up led by gains in rate sensitive shares such as financials, including banks, NBFCs, auto and real-estate shares. READ MORE
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