This marks the fifth time in a row when the rate-setting panel chose to keep the repo rate unchanged, on the back of easing inflation and higher-than-expected economic growth rate
RBI MPC Meeting Outcome: The Monetary Policy Committee (MPC) of the Reserve Bank of India met on 6th, 7th and 8th June 2023. Based on an assessment of the macroeconomic situation and the outlook, the MPC decided unanimously to keep the policy repo rate unchanged at 6.50 per cent," RBI Guv Shaktikanta Das said., Economy News, Times Now