Key Points
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday, kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting..
The unchanged repo rate means that EMIs will likely remain stable in the near term...
RBI Governor Shaktikanta Das said while they had gained greater confidence in achieving the final stage of disinflation, they would remain focused on the inflation target while supporting growth..
According to CRISIL Market Intelligence and Analytics, the RBI remains wary of supply shocks upending the durable decline in inflation..
CRISIL anticipates a 25-basis-point reduction in the repo rate during the MPCs policy review meeting in December, given food inflation is expected to ease after a healthy monsoon..
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