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RBI keeps the repo rate unchanged at 6.25%

RBI Governor, Raghuram Rajan alongwith deputy governors and Urjit Patel, the press conference to announce the RBI monetary policy in Mumbai on Tuesday. Express Photo By-Ganesh Shirsekar 03/02/2015

The Reserve Bank of India has kept the repo rate unchanged at 6.25%  after reducing it twice in the current financial year.

The MPC’s stance has been changed from accomodative to neutral, all the six mmembers have voted unanimously in favour of keeping the rates unchanged.

All other rates, reverse repo rate, the marginal standing facility rate and the bank rate, have been left unchanged.

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