RBI keeps repo rate unchanged for sixth time in a row; MPC focused on withdrawal of accommodation

RBI Governor Shaktikanta Das has announced the decisions of MPC’s last bi-monthly meeting of FY24 today. Maintaining a steady course, the Reserve Bank has upheld the repo rate at 6.5 percent for the past year. The last adjustment occurred in February 2023 when the benchmark rate was raised from 6.25 percent to address inflationary concerns driven largely by global economic dynamics.
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Business News › News › Economy › Policy › RBI keeps repo rate unchanged for sixth time in a row; MPC focused on withdrawal of accommodation
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