RBI keeps key interest rates unchanged
New Delhi, Feb 3: The Reserve Bank of India (RBI) Tuesday decided to keep key interest rates unchanged in its sixth bi-monthly policy review.
"We have maintained the status quo (on interest rates). We have taken action on other fronts," Reserve Bank Governor Raghuram Rajan said at the press conference to announce the policy for the sixth bi-monthly meeting.
Rajan said that the status quo has been maintained as no fresh data on inflation and industrial production has come in since last month.
"We will await for more data and fiscal developments to come in and after that we will make judgement," Rajan said.