The RBI’s Monetary Policy Committee (MPC) meeting being held from June 5 to 7, which is taking stock of the economic situation, is expected to stick to the current 6.5 per cent repo rate.
June 6, 2024If the interest rate remains untouched again on June 7, it would be the eighth time for the RBI to maintain the status quo on the benchmark repo rate.
June 5, 2024The MPC is alert and prepared to take necessary actions that are needed.
December 8, 2023Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
December 8, 2023The RBI is likely to continue supporting economic growth, while remaining cautious on inflation.
December 5, 2023Advertisement