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RBI MPC Meet 2024 LIVE: RBI maintains status quo as it keeps interest rates unchanged at 6.5%. The repo rate is the interest rate at which RBI provides loans to commercial banks when there is a ...
- 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 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.
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Jun 7, 2024 · The RBI kept the repo rate unchanged at 6.5% with a majority vote of 4:2. The MPC has continued with the stance of withdrawal of accommodation. The central bank revised upward FY25 GDP growth ...
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. The SDF is the lower band of the interest rate corridor, while the MSF is the upper band.
Jun 7, 2024 · RBI Monetary Policy Repo Rate Live: With the Reserve Bank of India (RBI) keeping the repo rate unchanged at 6.5%, loan borrowers hoping for a relief on their EMIs are in for a disappointment.
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Jun 7, 2024 · The RBI MPC meet was held from June 5-7. The Reserve Bank of India (RBI) decided to keep the policy repo rate unchanged at 6.5 per cent and also maintained the withdrawal of accommodation stance ...
