RBI 5th Bi-monthly Monetary Policy Review, 2019-20: Repo Rate unchanged at 5.15%
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15 percent in its fifth bi-monthly monetary policy review for the current financial year 2019-20 on December 5, 2019.
- The GDP growth projection for FY19 is pegged at 5.0% from earlier expectation of growth of 6.1 percent
- Key Policy Rates & Reserve Ratios
|
Repo Rate
|
5.15%
|
|
Reverse Repo Rate
|
4.90%
|
|
Marginal Standing Facility Rate
|
5.40%
|
|
Bank Rate
|
5.40%
|
|
CRR
|
4%
|
|
SLR
|
18.5%
|
- The MPC also decided to continue with the accommodative stance.