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The central bank announced the decision in its first bi-monthly monetary policy statement today.
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Vishwanathan, an RBI deputy governor at a news conference after the announcement of the bi-monthly monetary policy in which the central bank held key rates.
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The Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a news conference after the bi-monthly monetary policy review in Mumbai August 5, 2014.
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The Reserve Bank of India (RBI) Governor Urjit Patel attends a news conference after the bi-monthly monetary policy review in Mumbai, India, October 4, 2016.
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Reserve Bank of India (RBI) Deputy Governor Urjit Patel attends a news conference after the bi-monthly monetary policy review in Mumbai, India, August 9, 2016.
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Reserve Bank of India (RBI) Deputy Governor Urjit Patel attends a news conference after the bi-monthly monetary policy review in Mumbai, India, February 2, 2016.
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The Reserve Bank of India (RBI) Governor Raghuram Rajan arrives for a news conference after the bi-monthly monetary policy review in Mumbai December 2, 2014.