RBI keeps repo rate unchanged at 4 per cent

Mumbai, April 7

*RBI maintains establishment fifth time in a row on coverage rate; keeps repo rate unchanged at 4%.

*Central financial institution to keep up accommodative financial coverage stance to help progress, maintain inflation at focused degree: RBI Guv.

*Recent surge in COVID-19 infections has created uncertainty over financial progress restoration, says RBI Governor.

*Focus have to be on containing unfold of virus and financial restoration, says RBI Guv.

*RBI retains financial progress for 2021-22 fiscal at 10.5 per cent in 2021-22 fiscal’s first financial coverage.

*Central Bank to make sure ample liquidity in system in order that productive sector will get sufficient credit score: RBI Guv. PTI