RBI maintains status quo on interest rates ANI | Updated: Jun 04, 2021 10:18 IST Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday held key interest rates and maintained an accommodative stance amid uncertainty over the economic impact of the COVID-19 pandemic's second wave. The announcement came after a three-day meeting of its Monetary Policy Committee (MPC). The RBI has kept repo rate -- the central bank's lending rate -- unchanged at 4 per cent and reverse repo rate -- borrowing rate -- at 3.35 per cent. The second Covid wave has raised uncertainty around economic outlook and pushed potential policy normalisation further into the future.