Repo Rate Unchanged

Repo Rate Unchanged

The Repo Rate is Left Unchanged by the RBI for the Sixth Time in a Row

Business, Finance and Economy, News and Updates / By / February 8, 2024

The task of determining the policy repo rate to meet the inflation target while keeping growth in mind has been given to the monetary policy committee. Although it is still high and was 5.69 percent in December 2023, retail inflation in the current fiscal year has decreased from its top of 7.44 percent in July …

The Repo Rate is Left Unchanged by the RBI for the Sixth Time in a Row Read More »

RBI Monetary Policy Updates

RBI Monetary Policy 2023 – Top Highlights of RBI Governor Shaktikanta Das Announcement

Finance and Economy, News and Updates / By / October 8, 2023

Today, October 6, the Reserve Bank of India (RBI) released its fourth bimonthly monetary policy. The Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, kept rates and stance unchanged as anticipated. The MPC unanimously opted to maintain the policy repo rate at 6.50%. As a result, the bank rate, marginal standing facility, and …

RBI Monetary Policy 2023 – Top Highlights of RBI Governor Shaktikanta Das Announcement Read More »