RBI MPC maintains status quo on rates

BL Internet Desk | Updated on December 04, 2020 Published on December 04, 2020

The Reserve Bank of India’s Monetary Policy Committee, also known as MPC, has decided to maintain the status quo on key rates.

RBI Governor Shaktikanta Das said: “The MPC voted unanimously to leave the policy rate unchanged at 4 per cent”

He added that it will continue its accommodative stance. The decision was taken at the bi-monthly meeting of the MPC chaired by RBI Governor Shaktikanta Das.

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Published on December 04, 2020