Parrikar welcomes Nitish back in…

  Panaji: Goa Chief Mini…

2017 more depressing for Kashmir…

  Srinagar: With more th…

Modi inaugurates Kalam memorial …

  Rameswaram (Tamil Nadu…

Will not declare 39 missing Indi…

  New Delhi: External Af…

Nitish Kumar sworn in as Bihar C…

  Patna: Nitish Kumar on…

President calls up Punjab CM, co…

  Chandigarh: President …

Centre to issue commemorative co…

  Chennai: Former Tamil …

Jharkhand not to blame for Benga…

  Ranchi: The Jharkhand …

BJP using PMO to destabilise Tri…

  New Delhi: With the Ce…

Google announces winners of SMB …

  New Delhi: As a part o…

«
»
TwitterFacebookPinterestGoogle+

India’s central bank keeps key lending rates unchanged

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Mumbai: The Reserve Bank of India (RBI) on Wednesday kept the key lending rates at 6.25 per cent during the last monetary policy review of the calendar year 2016.

With this, the repurchase rate, or the short-term lending rate charged by the central bank on borrowings by commercial banks, remains unchanged to 6.25 per cent. The reverse repurchase rate also automatically stands lowered to 5.75 per cent.

IANS

Leave a Reply

Your email address will not be published. Required fields are marked *

CAPTCHA Image

*