Sensex falls 150 pts; RBI maintains status quo on repo rate, sees inflation to rise

The Reserve Bank of India has kept repo rate unchanged at 6 percent today and hence the reverse repo remained at 5.75 percent.

Consequently, the reverse repo rate under the LAF remains at 5.75 percent, and the marginal standing facility (MSF) rate and the bank rate at 6.25 percent.

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Posted in: Indian Market Tips