With the release of the minutes of the meeting held on December 6th and December 7th delivered by the Reserve Bank of India throws light on a couple of interesting insights into the decision made by the Monetary Policy Committee (MPC) to not change the repo rate. It was a unanimous decision made by the 6 member team of the MPC which decided to keep the repo rate which comes under the Liquidity Adjustment Facility (LAF) unchanged which currently stands at 6.25%. Following this, the reverse repo rate also saw a dip in numbers which came down...
