RBI Monetary Policy Meet 2024: Central Bank Keeps Repo Rate Unchanged at 6.50% for Ninth Time in a Row
On Thursday, RBI Governor Shaktikanta Das announced the decision of the Monetary Policy Committee (MPC) to maintain the repo rate at 6.5%, marking the ninth consecutive time the rate has remained unchanged.
On Thursday, RBI Governor Shaktikanta Das announced the decision of the Monetary Policy Committee (MPC) to maintain the repo rate at 6.5%, marking the ninth consecutive time the rate has remained unchanged. The announcement follows the MPC's third bi-monthly policy meeting for the financial year 2025, held from August 6 to August 8. Governor Das stated that the committee's decisions reflect the current economic situation in the country. This was the first Monetary Policy decision since the Budget announcement. The central bank's stance aims to balance inflation concerns with economic growth, maintaining a stable economic environment. RBI Digital Rupee: Google Pay, Amazon Pay and PhonePe Seek To Join India’s Digital Currency Project.
RBI Keeps Repo Rate Unchanged
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)