Sensex, Nifty50 Slide After RBI Keeps Repo Rate Unchanged! Here's Why

For the third consecutive time, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) left the repo rate unchanged at 6.50%, and also retained its stance of remaining focussed on the withdrawal of accommodation. The RBI’s decision to impose an incremental Cash Reserve Ratio (CRR) of 10% of NDTL on banks dampened Dalal Street’s mood. Watch this video to know more