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…
Jaipur, December 2023. Reserve Bank of India’s (RBI) decision to keep key interest rates unchanged for the fifth consecutive time.The NSE Nifty 50 index saw a rise of 0.37%, reaching 20,976.70 points, and the S&P BSE Sensex increased by 0.36%, hitting 69,770.14 points by 10:10 am IST. The RBI chose to maintain the key repo…
New Delhi, October 2023. RBI Monetary Policy Committee has kept the key policy repo rate unchanged at 6.5%. This is the fourth meeting on the trot that the MPC decided to maintain the status quo on the repo rate. The MPC last raised this rate by 25 bps to 6.50% at its meeting in February…