Reserve Bank of India's (RBI) Monetary Policy Committee on April 8 voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time. “Monetary Policy Committee met on 6th, 7th and 8th April. Based on an assessment of the macro-economic situation and the outlook, MPC voted unanimously to keep the Policy Repo Rate unchanged at 4 per cent,” Governor Shaktikanta Das said.
