RBI keeps repo rate unchanged at 6% for fourth time in a row
The RBI has kept the repo rate, the rate at which banks borrow from RBI, unchanged at 6% during its first bi-monthly monetary policy review of 2018-19. This is the fourth time in a row the rate has been kept steady at 6%, its lowest since November 2010. This comes after the retail inflation in February eased to 4.44%.