Reserve Bank of India maintains the status quo on interest rates for the fifth consecutive meeting, emphasizing inflation concerns. Read More>>
Source: Moneycontrol
RBI keeps the repo rate at 6.5%, highlighting potential inflation resurgence. Price stability remains the primary focus amid economic considerations.
Source: Moneycontrol
Headline inflation is at 4.87%, within RBI's 2-6% band but above the 4% target for 49 consecutive months. Core inflation eases to 4.2% excluding food and energy.
Source: Moneycontrol
In 2022-23, the Monetary Policy Committee (MPC) raised the repo rate by 250 bps to 6.5% to curb inflation. The battle against persistently high inflation continues.
Source: Moneycontrol
RBI Governor, Shaktikanta Das, asserts vigilance on inflation, global risks, and willingness to act based on evolving data. The next MPC meeting is scheduled for February 6-8.