RBI Monetary Policy April 2021: RBI keeps interest unchanged at 4%, maintains accommodative stance

10:40:00 AM, Wednesday 7th of April 2021 | in business

The EMIs on home and auto loans are unlikely to come down in the near term as the Reserve Bank of India on Monday kept the key policy rates unchanged in its bi-monthly Monetary Policy review. The central bank announcing the outcome of its RBI bi-monthly Monetary Policy rates on April 7 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.