No Changes in Interest Rates: RBI

The Reserve Bank of India (RBI) has not changed the key interest rates – repo rate and Cash Reserve Ration while reviewing it mid-term credit review on Tuesday. The current repo rate is at 8 per cent and the CRR at 4.25 per cent.

Those two rates will remain unchanged till the RBI changes those while doing review next time. The Governor of RBI D Subbarao, however, has hinted for a change in the key interest rates in January 2013.

The headline inflation figures for November 2012 might convince the RBI not to bring any changes in the key interest rates. Following the move of unchanged interest rates the stock markets were trading at flat on Tuesday.