New Delhi, June 07, 2024. RBI governor Shaktikanta Das-led Monetary Policy Committee kept the repo rate unchanged on expected lines. RBI’s MPC meeting was scheduled from June 5-June 7th. Repo rate, the rate at which the Reserve Bank of India lends to commercial banks, currently stands at 6.5%. RBI initiated the rate hike cycle in…
New Delhi, June 07, 2024. The Reserve Bank of India’s Monetary Policy Committee (MPC), which had kickstarted its meeting on Wednesday, has kept the repo rate unchanged at 6.5 per cent for the eight consecutive time. This is the first time the MPC met after the results of the Lok Sabha election were declared. The…
New Delhi, June 07, 2024. The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the second bi-monthly monetary policy of the financial year 2024-25 on Friday. This is the first RBI policy after the Lok Sabha election results 2024. The RBI Governor headed six-member Monetary Policy Committee (MPC) decided to keep the benchmark repo…
New Delhi, February 2024. The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept repo rates unchanged at 6.5 percent. It has also decided to remain focused on the withdrawal of the accommodative stance, Governor Shaktikanta Das said. This is the sixth consecutive unchanged decision and comes after the Interim Budget was announced…