Jun 04, 2021, 10:45AM ISTSource: Times Now

The Reserve Bank of India keeps the repo and reverse repo rate unchanged while maintaining its accommodative stance. The reverse repo rate (RBI’s borrowing rate) will remain unchanged at 3.35% while the marginal standing facility (MSF) rate will remain at 4%. RBI Governor Shaktikanta Das said that the MPC voted to maintain status quo on repo rate at 4%.