India keeps repo rate unchanged at 5.25 pct
NEW DELHI, Feb. 6 (Xinhua) -- The Reserve Bank of India (RBI) Friday announced it has kept the repo rate unchanged at 5.25 percent.
Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds.
The standing deposit facility (SDF) rate remains at 5.00 percent and the marginal standing facility (MSF) rate and the bank rate remain at 5.50 percent, said