RBI repo rate: RBI holds rates; monetary stance change, rate cuts must wait : vimarsana.com

RBI repo rate: RBI holds rates; monetary stance change, rate cuts must wait

The Reserve Bank of India (RBI) has maintained interest rates and monetary stance steady for the sixth consecutive monetary review meeting, amid geopolitical tensions and uncertain food prices. The central bank forecasts the economy will repeat its performance next fiscal, expanding at 7%, and inflation will remain above the target at 4.5%. The panel's focus on the withdrawal of accommodation has led to cracks in the Monetary Policy Committee, with both decisions voted 5 to 1.

Related Keywords

India , Red Sea , Djibouti General , Djibouti , Jerome Powell , Shaktikanta Das , Monetary Policy Committee , Head Of Research , Securities Primary Dealership Ltd , Reserve Bank , Governor Shaktikanta , Primary Dealership , Production Linked Incentive , Reserve Chairman Jerome Powell , Key Facts Statement , Medium Small , Rbi Repo Rate , Rbi Holds Rates , Monetary Stance Change , Rate Cuts , Economic Forecast , Global Macroeconomic Outlook , Repo Rate , Reserve Bank Of India Rbi ,

© 2024 Vimarsana