Repo Rate Archives

December 6, 2024 10:53 AM

RBI holds repo rate at 6.5%, cuts FY25 GDP forecast to 6.6%

The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive period, maintaining its neutral monetary policy stance. The decision, made by a 4:2 majority during the Monetary Policy Committee (MPC) m...

October 9, 2024 11:48 AM

RBI keeps repo rate at 6.5%, shifts stance to neutral for inflation-growth balance

The Reserve Bank of India (RBI) on Wednesday kept the policy repo rate steady at 6.5% for the tenth time in a row. Following the Monetary Policy Committee (MPC) meeting, RBI Governor Shaktikanta Das announced that the decision was supported by five o...

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...

April 5, 2024 12:46 PM

RBI keeps repo rates unchanged at 6.5 percent for seventh consecutive time

The Reserve Bank of India's Monetary Policy Committee (MPC) on Friday kept the key repo rate unchanged at 6.5 per cent for the seventh consecutive meeting, as it focused on reigning in retail inflation that has stayed above its 4 per cent target. Th...

February 8, 2024 11:27 AM

RBI keeps Repo Rate steady, predicts 7% GDP growth

The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent during its recent meeting. They also forecasted India's GDP growth for the upcoming financial year 2024-25 to be 7 percent. Breaking it down, they anticipate a gr...

February 8, 2024 11:27 AM

RBI leaves repo rate unchanged for sixth straight meeting

The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 percent for the sixth time in a row during its February meeting. The repo rate is the interest rate at which RBI lends money to other banks. RBI Governor Shaktikanta Da...

December 8, 2023 11:40 AM

RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announced on Friday its decision to keep the repo rate unchanged at 6.50% after a three-day deliberation. "The standing deposit facility rate remains at 6.25%, and the marginal standi...

October 6, 2023 12:38 PM

RBI keeps repo rate unchanged at 6.5 percent

Ahead of the festive season, the Reserve Bank of India on Friday decided to keep the policy repo rate unchanged for the fourth time in a row as it maintains a tight vigil on inflation. Announcement After MPC Meeting This announcement came after a t...