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MPC voted unanimously to keep the policy repo rate unchanged at 4%: RBI Guv Das Shaktikanta Das

MPC voted unanimously to keep the policy repo rate unchanged at 4%: RBI Guv Das

India Blooms News Service | @indiablooms | 04 Dec 2020, 10:23 am

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Friday said the Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent.

"The Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent," Das said during his address.

"The reverse repo rate remains unchanged at 3.35 percent," he said.

He said: "Monetary Policy Committee (MPC) was of the view that inflation is likely to remain elevated with some relief in the winter months from prices of perishables and bumper Kharif arrivals."