October 6, 2023 1:58 PM

RBI keeps repo rate unchanged at 6.5 percent

The Reserve Bank of India (RBI) Governor Shaktikanta Das today announced that the monetary policy committee (MPC) has decided unanimously to keep the policy repo rate unchanged at 6.50 per cent. The Monetary Policy Committee (MPC) met on 4th, 5th and 6th October 2023. As per a statement issued by the RBI today, after a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided unanimously to keep the policy repo rate unchanged fourth time in a row...