The RBI decision to maintain status quo and keep the repo rate and reverse repo rate unchanged could have some significant personal finance implications.
RBI Monetary Policy LIVE: Reserve Bank of India (RBI) will shortly announce the resolution of the sixth bi-monthly monetary policy committee (MPC) meeting later today.
The assertion comes even as latest data show some of the high-frequency indicators, including manufacturing and services PMI, exports, fuel sales, auto sales and electricity consumption have somewhat lost momentum sequentially through November, stoking doubts about the strength of the recovery.
