RBI to announce third bi-monthly monetary policy review on Aug. 4

The Reserve Bank of India (RBI) will announce the third bi-monthly monetary policy review for the fiscal 2015-16 on August 4.

The announcement will take place at 11.00 a.m. by way of press release.

According to reports, the Reserve Bank is likely to keep the repo rate unchanged in its upcoming third bi-monthly monetary policy meet.