• Fifth Bi-monthly Monetary Policy Statement 2018-19: RBI keeps policy rates unchanged; announces scheme for digital transactions

The Reserve Bank of India (RBI) on October 5, 2018 released its Fifth Bi-monthly Monetary Policy Statement 2018-19.

• Keep the policy Repo Rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.5 percent.
• The Reverse Repo Rate under the LAF remains at 6.25 percent.
• The Marginal Standing Facility (MSF) rate and the Bank Rate stand at 6.75 percent.