RBI keeps repo rate unchanged at 6.25%
Updated: June 7, 2017 06:04 PM IST
The Reserve Bank of India kept the repo rate unchanged at 6.25% in line with the expectations. The government, for sure, is rooting for a rate cut to boost falling GDP growth rate, down to 7.1 percent for the Financial Year 2016-17 from 8 percent in the previous fiscal year.
