RBI Monetary Policy Review: Why key rate was not hiked by Urjit Patel led MPC
ZeeBiz WebTeam | Oct 05, 2018, 06:39 PM IST
The Reserve Bank of India (RBI) announced its fourth bi-monthly monetary policy review statement today, keeping the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent.
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RBI Policy
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Repo Rate: Status Quo
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MPC votes 5:1
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Inflation
1) To observe the evolving situation on inflation front (the recent inflation prints were lower than the projections on account of sharp slowdown in food inflation and accordingly, there has been a downward revision to the future inflation trajectory compared with August 1 projections) (Image: Reuters)