The Reserve Bank of India's Monetary Policy Committee has decided to keep the repo rate unchanged at 6.5% for the fourth consecutive time. The central bank also maintained its inflation forecast for the fiscal year at 5.4%. Despite uncertainties in the agriculture sector and volatile global food and energy prices, the MPC remains focused on withdrawing accommodation. The GDP forecast for FY24 is unchanged at 6.5%, with projections of 6.5% for Q2, 6% for Q3, and 5.7% for Q4. The panel also increased the limit for gold loans under the Bullet Repayment scheme.