The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4% and 3.35, respectively, while continuing the accommodative stance. Repo and reverse repo rate are two important monetary tools used by the Reserve Bank of India to control the rising inflation and maintain liquidity in the economy. … Continue reading The Reserve Bank of India (RBI) keeps repo rate unchanged at 4 %, pegs GDP growth at 10.5 %