अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
cyfy
Home » IANS » RBI keeps key lending rates intact, maintains accommodative stance

RBI keeps key lending rates intact, maintains accommodative stance

By IANS
Published on :

Mumbai, Oct 9 (IANS) Persistently high inflation fanned in part due to supply side disruptions along with seasonal factors deterred the Reserve Bank of India (RBI) from reducing lending rates.

Instead, it maintained the key lending rates.

Accordingly, the Monetary Policy Committee of the central bank maintained the repo rate — or short-term lending rate for commercial banks, at 4 per cent.

The MPC voted to maintain accommodative stance, thus opening up possibilities for more future rate cuts.

–IANS

bizteam/in

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )