&w=696&resize=696,0&ssl=1 "Bank maintains repo price unmodified at 6.5%")
RBI Governor Shaktikanta Das claimed, ‘MPC decided by a majority of five out of six members to keep the policy repo rate unchanged at 6.5 per cent’
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The Reserve Bank of India (RBI) on Wednesday maintained repo price unmodified at 6.5 percent embracing a mindful position to stabilize inflationary interest in the demand for financial development.
Announcing the choice after the three-day Monetary Policy Committee (MPC) fulfill, RBI Governor Shaktikanta Das claimed, “MPC decided by a majority of five out of six members to keep the policy repo rate unchanged at 6.5 per cent.”
The repo price has actually stayed unmodified at 6.5 percent considering that February 2023.
The repo price is the price at which the RBI offers to financial institutions.
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