The Monetary Policy Committee (MPC) has decided unanimously to continue with the accommodative stance as long as necessary to revive and sustain growth… (05.06.2021)

The Monetary Policy Committee (MPC) has decided unanimously to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward. The marginal standing facility (MSF) rate and the bank rate remain unchanged at 4.25 per cent. [RBI Circular dtd 4th June 2021]

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