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India’s central bank left its benchmark interest rate unchanged, as expected, keeping its focus on inflation amid policy uncertainty following an unexpected election result. The MPC convened in...
- June 7, 2024
Jun 7, 2024 · The RBI Governor said that the Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 6.5 per cent for the eight consecutive time by a 4:2 majority.
- June 8, 2024
- June 7, 2024
Jun 21, 2024 · Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
Jun 19, 2024 · After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majority to keep the policy repo rate unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
Jun 6, 2024 · The RBI’s monetary policy committee on June 7 decided to keep the repo rate unchanged for the eighth time in a row, at 6.5 per cent. The RBI MPC also kept the SDF unchanged at 6.25 per cent, and MSF and Bank Rates maintained at 6.75 per cent.
- Mohammad Haris
Jun 7, 2024 · Why did the RBI keep the rates unchanged? The policy panel kept the repo rate unchanged in a 4:2 majority decision as inflation remains above the 4 per cent target. India’s retail inflation rate was 4.83 per cent in April 2024, down from 4.85 per cent in March 2024.
Jun 7, 2024 · RBI Monetary Policy Meeting Highlights | RBI MPC Meeting June 2024 Outcomes: The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% in its first...