The RBI also warned that failure to elect a stable government in the coming elections will accentuate "downside risks to growth".
New Delhi: The Reserve Bank of India maintained status quo in key rates on Tuesday, keeping the Repo Rate unchanged at 8 per cent and Cash Reserve Ratio at 4 per cent.
The RBI also warned that failure to elect a stable government in the coming elections will accentuate "downside risks to growth".
The central bank said the GDP is seen at 5-6 per cent in the next fiscal year.
Comments
0 comment