RBI keeps key lending rate unchanged at 5.15 percent
Earlier, RBI had in December last year kept interest rates unchanged after five consecutive cuts
Photo: Hindustan Times
The Reserve Bank of India (RBI) on Thursday kept its repo rate unchanged at 5.15% on expected lines.
The central bank's six-member Monetary Policy Committee (MPC) began its three-day monetary policy meet on Tuesday, Hindustan Times reported.
Earlier, RBI had in December last year kept interest rates unchanged after five consecutive cuts.
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Domestic stock markets had started the day on a positive note ahead of the outcome of RBI's sixth bi-monthly policy review of the current fiscal year.
The S&P BSE Sensex index rose 199.53 points to 41,342.19 in early trade and the broader NSE Nifty benchmark climbed to as high as 12,151.25, up 62.1 points from the previous close.
