The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.50 per cent for the ninth time in a row. Consequently, the standing deposit facility (SDF) rate remains at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
The Reserve Bank of India (RBI) governor Shaktikanta Das announced Monetary Policy decision today. The Monetary Policy Committee (MPC) held its third bi-monthly policy meeting from August 6 to August 8. RBI kept its key interest rate unchanged, as widely expected, as the central continued its efforts to sustainably lower inflation towards its 4% target.
RBI MPC keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained
