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- The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has kept the Repo rate steady at 6.5% for the ninth time in a row as sticky food inflation continues to remain a threat to retail inflation.
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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.
- Explained: Why the RBI kept repo rates unchanged
The bank has kept the repo rate — the rate at which the RBI...
- Monetary policy: Why RBI’s policy panel has kept repo rate ...
Why has RBI kept the repo rate unchanged? The six-member...
- Explained: Why the RBI kept repo rates unchanged
Aug 11, 2023 · The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India in a unanimous decision kept the repo rate unchanged at 6.50 per cent – the third consecutive time that the committee has done so.
Dec 8, 2021 · The bank has kept the repo rate — the rate at which the RBI lends funds to banks — unchanged at four per cent and the reverse repo rate — the rate at which RBI borrows from banks — at 3.35 per cent.
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Dec 8, 2023 · Why has RBI kept the repo rate unchanged? The six-member rate-setting panel of the RBI, headed by Governor Shaktikanta Das, has decided not to tinker with the Repo rate – the rate at which RBI lends money to banks to meet their short-term funding needs – to manage and balance the retail inflation and growth.
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Jun 8, 2024 · The RBI's Monetary Policy Committee kept the repo rate at 6.5% for the eighth consecutive time, due to persistent high retail inflation from sticky food prices.
Feb 8, 2024 · RBI MPC Meeting: The Reserve Bank of India (RBI) kept the key policy rate - repo rate- unchanged at 6.5% after the Monetary Policy Committee (MPC) meeting. Monetary policy must continue to be ...
Aug 10, 2023 · The RBI announced a pause on revision to the repo rate, which will continue to stand at 6.50% for the third consecutive time. Here’s all you need to know.