RBI's Monetory Policy February 2017 : Keeps repo rate unchanged at 6.25%
i. RBI governor Urjit Patel led Monetary Policy Committee (MPC) kept the key repo rate unchanged at 6.25% in the first monetary policy review of 2017 and after Budget 2017.
ii. Limit on cash withdrawal from savings banks accounts to be relaxed in 2 stages. From 20 February, 2017 limit to be increased from Rs 24k to