RBI leaves repo, reverse repo rates & CRR unchanged

RBI left interest rates unchanged on Thursday, citing concern over resurgent inflation risks, even as economic growth remains sluggish.

The Reserve Bank of India kept its policy repo rate on hold at 8.50 percent, as had widely been expected. It also kept the cash reserve ratio unchanged at 4.75 percent after cutting it by 75 basis points on Friday in a surprise out-of-cycle move