October 9, 2024 10:48 AM
RBI keeps repo rate at 6.5%, shifts stance to neutral for inflation-growth balance
The Reserve Bank of India (RBI) on Wednesday kept the policy repo rate steady at 6.5% for the tenth time in a row. Following the Monetary Policy Committee (MPC) meeting, RBI Governor Shaktikanta Das announced that the decision was supported by five out of six MPC members. Other key rates also remai...