REPO RATE REMAINS UNCHANGED AT 4% SAYS RBI GOVERNOR SHAKTIKANTA DAS

Highlights

• The Reserve Bank of India Governor Shaktikanta Das said imports fell sharply in the month of June

• Real GDP growth is estimated to be negative for the year 2020-21

• RBI clearly said that stressed MSME borrowers will be eligible for debt restructuring

The Governor of Reserve Bank of India Shaktikanta Das on Thursday announced that the key repo rate will be kept unchanged at 4....