RBI Monetary Policy Highlights: MPC Keeps Repo Rate Unchanged at 6.5%, Focuses on Withdrawal of Accommodation
2023-10-06
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on October 4-5, 2023, to assess the current macroeconomic situation and the outlook for inflation and growth. The MPC unanimously decided to keep the repo rate, the central bank’s benchmark interest rate, unchanged at 6.5%. The MPC also maintainedContinue Reading