repo rate

Repo Rate: How RBI Uses This Monetary Policy Tool To Regulate Inflation

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has decided to keep the key repo rate unchanged at 6.5% for the tenth consecutive meeting. RBI Governor Shaktikanta Das indicated that five out of the six committee members supported this decision. He explained that after assessing the macroeconomic conditions...

RBI Holds Repo Rate Steady At 6.5% For 9th Consecutive Time

The Reserve Bank of India (RBI) has decided to maintain the benchmark interest rate at 6.5% for the ninth consecutive time. RBI Governor Shaktikanta Das announced that the repo rate remains unchanged at 6.50%. RBI Governor Shaktikanta Das says "...The Monetary Policy Committee decided by a 4:2 majority to keep...

RBI Set To Maintain Repo Rate At 6.5% During August Meeting, Experts Predict

The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6. The RBI's repo rate, currently at 6.5 per cent since it was last increased in February 2023, is widely...

RBI Maintains Key Repo Rate at 6.5% for Eighth Consecutive Time

In its latest monetary policy review, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, marking the eighth consecutive time this rate has remained steady. The decision to maintain the current rate was made by the RBI's six-member Monetary Policy Committee (MPC), as...

Repo rate hiked by 25 bps, FY23 GDP growth estimate raised

On Wednesday, February 8, 2023, Reserve Bank of India (RBI) Governor Shaktikanta Das released the Monetary Policy statement, which included the highly anticipated increase in the repo rate of 25 basis points. The central bank had increased the important benchmark interest rate by 35 basis points in its December monetary...