RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5 per cent

Posted on:
Key Points

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the eighth time in a row, saying it will maintain a tight vigil on inflation...

The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis points since May 2022...

Announcing the second bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent...

You might be interested in

RBI flags inflation risks, keeps repo rate unchanged at 6.5 per cent

05, Apr, 24

The rate increase cycle was paused in April last year after six consecutive rate hikes. The Reserve Bank of India on Friday decided to keep policy rate unchanged...

RBI likely to hike 25 basis point interest rate in monetary policy, say experts

26, Mar, 23

RBI may go in for 25 basis point interest rate hike in monetary policy meet next month, say experts

RBI to keep repo rate revision on hold due to India's 'Goldilocks' economy: Report

03, Apr, 24

The current repo rate is 6.50%, which was last updated on February 8, 2024. Since then the RBI has decided to keep the rate unchanged.

RBI to announce monetary policy today, another pause in repo rate most likely

08, Dec, 23

New Delhi [India], December 8 (ANI): Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo. […]

RBI forecasts retail inflation at 5.4% for 2023-24: Governor Das

06, Oct, 23

RBI governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 per cent.

Markets continue to trade higher post RBI policy decision

08, Jun, 23

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5 per cent.

Monetary policy ought to remain actively disinflationary: RBI Governor Shaktikanta Das

20, Oct, 23

India Business News: Reserve Bank Governor Shaktikanta Das emphasized the need for an actively disinflationary monetary policy to ensure a smooth decline in inflation. He

RBI may maintain status-quo on interest rate: Experts

30, Jul, 23

The RBI has retained the rate at 6.5 per cent since February when it was raised by 25 basis points from 6.25 per cent. In the previous two policy reviews in April and June, the benchmark rate was retained.