Full text: RBI keep repo rate unchanged at 6.25%

Sixth Bi-monthly Monetary Policy Statement, 2016-17 Resolution of the Monetary Policy Committee (MPC), Reserve Bank of India 

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to: 

1)  keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.25 per cent. 

Consequently, the reverse repo rate under the LAF remains unchanged at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. 

The decision of the MPC is consistent with a neutral stance of monetary