Shaktikanta Das
MPC voted unanimously to keep the policy repo rate unchanged at 4%: RBI Guv Das
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.
Address by Shri Shaktikanta Das, Governor, Reserve Bank of India https://t.co/obN3wSPGG1
— ReserveBankOfIndia (@RBI) December 4, 2020
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."
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
