The Reserve Bank of India in its October policy review meeting has decided to keep the key lending rates unchanged. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, kept the repo rate unchanged at 4 percent while maintaining their accommodative stance.
The D-street has also given a thumbs up with the Nifty Bank rising 2 percent right after the announcements. Let's look at the 10 key takeaways from the RBI policy.
ALSO WATCH | Why has the World Bank downgraded India’s FY21 GDP forecast to 9.6%?
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
