Mumbai, Feb 8 (IANS) India's central bank on Wednesday kept its key lending rate unchanged at 6.25 per cent.
The RBI's Monetary Policy Committee (MPC), during its third bi-monthly monetary policy review -- the sixth and final one for the fiscal 2016-17, kept the repurchase rate, or the short-term lending rate it charges on borrowings by commercial banks, unchanged at 6.25 per cent.
The reverse repurchase rate automatically remained unchanged at 5.75 per cent.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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