June 7, 2024 11:21 AM
RBI keeps repo rate unchanged at 6.5%, ups FY25 GDP forecast to 7.2%
The Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 percent for the eighth consecutive time on Friday, aiming to bring inflation down to its medium-term target of 4%. The Monetary Policy Committee (MPC), in a majority decision with fo...