Sixth Bi-Monthly Monetary Policy Statement Current Affairs, GK & News

RBI keeps key rates unchanged but changes statutory liquidity ratio

The Reserve Bank of India (RBI) has announced sixth Bi-Monthly Monetary Policy Statement. In its bi-monthly monetary policy statement, RBI has not changed its main lending rate i.e.Repo Rate and cash reserve ratio (CRR). But changed statutory liquidity ratio (SLR) of scheduled commercial banks. On the basis of an assessment of the current and evolving ..