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Monetary Policy: RBI keeps repo rate unchanged at 6.5%, maintains status quo for 5th straight time

The October consumer price index (CPI) came at a four-month low of 4.87 percent against 5.02 percent the previous month.

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Hawkish tone maintained, rate cut in near future remains unlikely

RBI has reiterated its inflation target at 4 percent and aims to align inflation to the target on a durable basis, while supporting growth. ....

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forex reserves: India's forex reserves at $586.9 bn as on Sep 29

India s foreign exchange reserves stood at $586.9 billion for the week ending September 29, RBI governor Shaktikanta Das announced during the MP meet on Friday. ....

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RBI holds repo rate at 6.5%, inflation focus continues; FY24 GDP forecast unchanged at 6.5%

MPC voted to remain focused on withdrawal of accommodation by 5 votes to 1, said RBI s Shaktikanta Das while announcing the committee s decision. FY24 inflation projection unchanged at 5.4 percent. ....

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RBI Monetary Policy Committee Meeting: Repo rate unchanged at 6.5%

This is in-line with expectations of a majority of economists who estimated no change in RBI s key rates. ....

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