RBI stays accommodative as Covid resurgence adds uncertainty, raises price rise outlook | Editorji
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RBI keeps repo rate unchanged at 4%, reverse repo rate at 3.35%

Apr 07, 2021 11:35 IST | By Editorji News Desk

Will remain accommodative till the economy needs, with that simple statement RBI Governor reassured financial markets that rates will remain at record low levels as the country struggles with resurgence of Covid across the nation. 

RBI maintained rates at record low level and maintained the growth outlook at 10.5% for the current year but has warned of downside pressure as localised lockdowns come into play. 


The central bank is forecasting a slight pressure on inflation as global commodity prices continue to rise. RBI  has revised CPI projection up from 5.0% to 5.2%  for the first half of this fiscal year. 

National