RBI retains benchmark lending price unchanged at Four per cent

Mumbai, December 4

*RBI maintains status quo third time in a row; keeps benchmark lending rate unchanged at 4 pc.

*RBI to maintain accommodative monetary policy stance to support growth, keep inflation at targeted level: RBI Governor.

*Committed to preserving depositors’ interest in financial system, says RBI Governor Shaktikanta Das.

*Financial markets are working in orderly fashion, says RBI Governor.

*Nascent signs of economic recovery in Q2 of current fiscal: RBI Governor

*RBI ready to take further measures to ease liquidity; will continue to respond to global uncertainty: Governor Das. 

*Will use various instruments at appropriate time to ensure ample liquidity is available in system: RBI Guv.

*Core inflation remains sticky; CPI inflation projected at 6.8 pc in Q3, 5.8 pc in Q4: RBI Guv. PTI


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