RBI Monitory Policy Committee Meeting highlights

RBI keeps rates unchanged in it’s 6th Monitory Policy Committee (MPC) Meeting.
REPO Rate – 6%
REVERSE REPO Rate – 5.75%
BANK RATE – 6.25%

The Next Monitory Policy Committee (MPC) will be held on April 4th and 5th 2018
Before this, 5th MPC meeting held in Dec’2017
RBI suggests Ombudsmen for NBFCs also, commence by this month end.

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