A- A A+
Last Updated : Aug 19 2019 11:12PM     Screen Reader Access
News Highlights
When Country celebrates 75th year of Independence in 2022, Parliament must showcase its grandeur, says PM Modi            Anti-India violence not conducive to peace, PM Modi tells Donald Trump            Public transport, business establishments and govt offices across Kashmir valley function normally            RBI Governor Shaktikant Das rules out asset quality review of large NBFCs            Flood fury continues in North Indian States as Ganga and other major rivers in spate           

Business News

Oct 06, 2018
1:21PM

RBI keeps key policy rates unchanged; GDP growth for 2018-19 projected at 7.4 per cent

@RBI
RBI has kept all key policy rates unchanged in its fourth bi-monthly monetary policy review announced yesterday. A six-member Monetary Policy Committee (MPC), headed by Governor Urjit Patel, decided to keep the repo rate unchanged at 6.5 percent and the reverse repo rate at 6.25 percent.

Repo rate is the rate at which RBI lends to banks, while the reverse repo is the rate at which RBI borrows money from banks.Marginal standing facility rate and the Bank Rate too were kept at 6.75 percent.

On the growth front, RBI retained GDP growth projection for 2018-19 at 7.4 per cent.

Economic Affairs Secretary Subhash Chandra Garg welcomed the MPC's decision, saying the GDP growth is expected to be higher than the RBI's projection.

Live Twitter Feed

Listen News

Morning News 19 (Aug) Midday News 19 (Aug) News at Nine 19 (Aug) Hourly 19 (Aug) (2300hrs)
समाचार प्रभात 19 (Aug) दोपहर समाचार 19 (Aug) समाचार संध्या 19 (Aug) प्रति घंटा समाचार 19 (Aug) (2305hrs)
Khabarnama (Mor) 19 (Aug) Khabrein(Day) 19 (Aug) Khabrein(Eve) 19 (Aug)
Aaj Savere 19 (Aug) Parikrama 19 (Aug)

Listen Programs

Market Mantra 19 (Aug) Samayki 19 (Aug) Sports Scan 19 (Aug) Spotlight/News Analysis 19 (Aug) Samachar Darshan 18 (Aug) Radio Newsreel 19 (Aug)
    Public Speak

    Country wide 1 (Aug) Surkhiyon Mein 1 (Aug) Charcha Ka Vishai Ha 14 (Aug) Vaad-Samvaad 30 (Jul) Money Talk 30 (Jul) Current Affairs 16 (Aug)