RBI Governor Shaktikanta Das on Thursday announced an update about the repo rate. Das said that the Monetary Policy Committee decided unanimously to keep the Repo Rate unchanged at 6.50 percent. Speaking further, the RBI Governor said that the country's economy continued to grow at a reasonable pace becoming the 5th largest economy in the world. He also said that India contributed around 15 percent to global growth. RBI Repo Rate Update: Reserve Bank of India Keeps Repo Rate Unchanged at 6.50%, Announces Governor Shaktikanta Das (Watch Video).

India Becomes 5th Largest Economy in the World

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