Monetary Policy Committee

RBI’s Monetary Policy Committee Meeting Starts Today, Policy Decision Expected

India's central bank-The Reserve Bank Of India will begin its three-day Monetary Policy Committee (MPC) meeting today, which will run from October 7 to October 9. The policy decision is expected on October 9. This meeting follows the U.S. Federal Reserve's September 18 decision to cut interest rates by 50...

Key Details From The Reserve Bank of India’s Monetary Policy Committee’s Meeting On June 5

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) commenced its latest meeting on June 5, 2024. The RBI Governor Shaktikanta Das announced the decisions made during the meeting. He revealed that the committee members unanimously decided to keep the repo rate unchanged at 6.5%. The decision was made...

RBI Keeps Repo Rate Unchanged in Sixth Consecutive Decision

The Reserve Bank of India's (RBI) Monetary Policy Committee unanimously decided to maintain the status quo at the policy repo rate of 6.5% during its February review meeting. The interest rate at which the RBI lends to other banks is known as the repo rate. Following a three-day review meeting,...

RBI decides to keep repo rate unchanged at 6.5 pc

The Reserve Bank of India has opted to hold the important benchmark interest rate - repo rate - steady at 6.5 percent, with Governor Shaktikanta Das indicating his willingness to move should the situation justify it. Five of the six members of the MPC voted on Thursday to keep the...