Reserve Bank of India's monetary policy committee

 Reserve Bank of India's monetary policy committee

RBI  announced the apex bank's monetary policy committee has decided to unanimously leave the policy repo rate unchanged at 4 per cent.  

the Marginal Standing Facility (MSF) rate and the Bank rate remain unchanged at 4.25 per cent.

the reverse repo rate stands unchanged at 3.35 per cent.

he MPC’s assessment is that the global economic activity has remained fragile and in retrenchment in the first half of 2020.

the headline CPI inflation, which was at 5.8 per cent in March 2020, was placed at 6.1 per cent in the provisional estimates for June 2020.