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RBI keeps repo rate unchanged at 6.50%, CRR unchanged at 4%

Guests at the first Ramnath Goenka Memorial Lecture delivered by the RBI Governor Raghuram Rajan in the capital New Delhi on saturday. Express Photo by Tashi Tobgyal New Delhi 120316

The Reserve Bank of India, in line with expectations, has kept the rates unchanged at its policy review.

The repo rate now stands at 6.5%, where as CRR has been retained at 4%.

The RBI has maintained status quo at its third monetary policy review of the year.

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