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repo rate: RBI MPC opts for status quo, keeps repo rate unchanged at 6.5 per cent

The RBI MPC unanimously decided to keep the repo rate unchanged at 6.5 per cent for the fourth consecutive time. The policy stance has also been left unchanged, with a focus on withdrawal of accommodation. The MPC is adopting a cautious approach and monitoring the consequences of previous rate hikes before making further decisions. The US Federal Reserve s battle against inflation and the global economic landscape pose challenges for India s economy. ....

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Rbi Mpc Meet: RBI sits on pause for 3rd time in a row, keeps repo rate unchanged at 6.5%, ET Auto

Rbi Mpc Meet: The repo rate, the key policy rate at which the RBI lends to the banks, was last increased in February 2023 by 25 basis points (bps). The RBI had kept the rate unchanged in April and June meetings. An ET Poll of 15 respondents had predicted that the repo rate will be kept unchanged at 6.50% with retention of withdrawal of accommodation stance. ....

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