Global Economic News

India Central Bank Maintains Status Quo

India's central bank left its key interest rates unchanged as the economy needs policy support amid possible risks to growth from the new coronavirus variant Omicron.

The Monetary Policy Committee of the Reserve Bank of India, led by Governor Shaktikanta Das, unanimously decided to retain the policy repo rate at 4.00 percent. The reverse repo rate was left unchanged at 3.35 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News