News > RBI MPC keeps repo rate unchanged at 4%
RBI MPC keeps repo rate unchanged at 4%
CNBC TV18 | 08/04/2022 10:20 AM | Click to read full article
RBI rewrites stance to less accommodative. RBI rephrases accommodative stance to focus on withdrawal of accommodation. Concerns over protracted supply disruptions have rattled commodity and financial markets.
RBI raises the reverse repo rate by 40 bps to 3.75 per cent. Inflation is now projected to be higher and growth lower than February's expectations
