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Monetary Policy Committee

RBI is unlikely to cut rate in Oct 9 monetary policy: BoB Report

02 Oct 2024

The Reserve Bank of India (RBI) is anticipated to keep both policy rates and stance unchanged for the tenth consecutive time in its upcoming October policy meeting, according to a report by the Bank of Baroda (BoB). The Monetary Policy Committee (MPC) is expected to take a cautious approach, awaiting...

RBI leaves repo rate unchanged for sixth straight occassions

08 Feb 2024

In its February review meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously opted to maintain the policy repo rate at 6.5 percent, marking the sixth consecutive instance of maintaining the status quo. The repo rate, representing the interest rate at which the RBI lends...