Wednesday, 6 December 2017

RBI keeps repo rate unchanged at 6%

The​​​ repo rate- rate at which the RBI lends to banks- was widely expected to to be kept at the current levels on back of rising inflation which is currently at a seven-month high of 3.58 per cent. The rising prices of crude oil and vegetables is expected to put further pressure on the inflation numbers.

from Times of India http://ift.tt/2ABq24F