News > RBI Measures For MSMEs Contact intensive Sectors Augur Well For Economy
RBI Measures For MSMEs Contact intensive Sectors Augur Well For Economy
BusinessWorld | 11/02/2022 08:01 AM | Click to read full article
A status quo in repo rate underlines RBI's priority in supporting GDP growth amid the lingering impact of the pandemic, while additional measures for MSMEs, contact-intensive sectors and digital transactions augurs well for the overall economic health, financial market participants said on Thursday.
For the 10th time in a row, the six-member rate setting MPC of the RBI kept the key repo rate unchanged at 4 per cent, mainly to support growth as well as to manage inflationary pressure.