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RBI MPC keeps repo rate unchanged at 4 percent: Shaktikanta Das Shaktikanta Das
RBI Governor Shaktikanta Das addressing a press conference (Image credit: UNI)

RBI MPC keeps repo rate unchanged at 4 percent: Shaktikanta Das

India Blooms News Service | @indiablooms | 06 Aug 2021, 10:26 am

New Delhi: RBI Governor Shaktikanta Das on Friday announced its Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 percent.

"Reserve Bank of India keeps repo rate unchanged at 4 percent and maintains accommodative stance," Das said while addressing a press conference.

"RBI keeps reverse repo rate at 3.35 percent," Das said.

Das made the announcement at a time when India is combating the second wave of the COVID-19 virus.

There are fears across the nation that a third wave of the COVID-19 pandemic may hit the nation later.