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RBI Keeps Repo Rate Unchanged at 6.50%, Sees Real GDP at 7% for FY24-25

As predicted by economists, the monetary policy committee (MPC) of Reserve Bank of India (RBI) kept the repo rate unchanged at 6.50% during its February bi-monthly meeting. The marginal standing facility (MSF) rate and the bank rate will be steady at to 6.75%. RBI’s policy stance continues to be ‘withdrawal of accommodation’, with five out of six MPC members voting in its favour, governor Shaktikanta Das says. More Details Soon. ....

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