RBI Policy Outcome – June 2017
The Reserve Bank of India (RBI) has kept the key rates unchanged in its June 2017 policy. Click here to see what FinBlab has analyzed.
Reserve Bank of India kept the repo rate unchanged at 6.25% but cut statutory liquidity ratio by 50 basis points to 20%.
RBI is watchful on (1) The impact of GST on prices and (2) How the monsoon will progress to take any further action.
Here is a snapshot of the rates –
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