2 weeks, 4 days ago
RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent
India TV NewsAmid high inflation and weak GDP growth numbers, the Reserve Bank on Friday kept repo rate unchanged at 6.5 per cent with a majority decision of 4:2. Das announced, "The Monetary Policy Committee decided by a majority of 4:2 to keep the policy repo rate unchanged at 6.5%. Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee started its meeting to decide on the next set of bi-monthly monetary policy on Wednesday. The Reserve Bank has kept the repo or short-term lending rate unchanged at 6.5 per cent since February 2023.
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