RBI Monetary Policy: Status quo, 12 rate-sensitive stocks that can give 15-30% return
The Reserve Bank of India as expected left key rates unchanged in its bi-monthly policy review on June 4 but it cut the economic growth forecast for the current financial year to 9.5 percent from 10.5 percent.
The monetary policy committee (MPC) kept the repo rate at 4 percent and the reverse repo rate at 3.35 percent, RBI Governor Shaktikanta Das said, citing uncertainties on the economic front due to the coronavirus pandemic.
Das, however, said that the dent in urban demand and the spread of COVID-19…
