Key Lending Rate Unchanged At 4%; RBI Says "Need Of Hour To Back Growth"

RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 4 per cent and the reverse repo rate untouched at 3.35 per cent. The policy decision comes at the end of the first meeting of the six-member Monetary Policy Committee (MPC) after Budget 2021.

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