RBI retains benchmark lending price unchanged at four computer


New Delhi, October 9

The Reserve Bank of India (RBI) on Friday kept the benchmark lending rate unchanged at 4 per cent.

RBI Governor Shaktikanta Das said the RBI needed to maintain accommodative monetary policy stance to support growth.

“Indian economy is now entering into a decisive phase in the fight against coronavirus. A contraction in the economic growth of Q1 behind us and silver linings are visible,” he added. PTI



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