RBI 5th Bi-monthly Monetary Policy Review: Repo Rate unchanged at 6.5%

  • The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the benchmark Repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5% in its fifth bi-monthly monetary policy review for the current financial year 2018-19 on December 5, 2018.
  • The six-member Monetary Policy Committee, headed by RBI Governor Urjit Patel, began its three-day meeting on December 3. 
  • The GDP growth projection for FY19 is pegged at 7.4%
  • Key Policy Rates & Reserve Ratios
Repo Rate6.50%
Reverse Repo Rate6.25%
Marginal Standing Facility Rate6.75%
Bank Rate6.75%