The Reserve Bank of India (RBI)today kept the key lending rate unchanged at 6.5% for the third time in a row, but said inflation rates are likely to rise led by vegetable prices.
Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the MPC decided unanimously to keep repo rates unchanged. However, India s inflation forecast has been increased from the previous forecast, even as GDP projections remained unchanged. Here is a look at other important MPC announcements, including further filip to UPI ecosystem.