Mumbai, Dec 5 : To maintain a balance between growth-boosting measures and inflationary pressure, the Reserve Bank of India on Thursday kept key lending rates unchanged.
Accordingly, the the RBI's monetary policy committee (MPC) in its fifth review of the current fiscal kept the repo, or short term lending rate for commercial banks at 5.15 per cent.
Consequently, the reverse repo rate was maintained at 4.90 per cent, and the marginal standing facility (MSF) rate and the bank rate remained at 5.40 per cent.
--IANS
rv-rrb/in.
Source: IANS
