RBI holds rates steady: Here are highlights from FY21's last MPC meeting

The Reserve Bank of India (RBI) kept its policy repo rate unchanged at 4 per cent and reverse repo rate at 3.35 per cent, and promised an accommodative stance as long as necessary to revive growth and come out of the Covid-19 induced stress. Business Standard's Shrimi Choudhary explains RBI policy announcements and its likely impact.