RBI keeps repo rate unchanged at 6.5%
Delhi: The bi-monthly monetary review meeting (MPC Meet) of the Monetary Policy Committee headed by Reserve Bank Governor Shaktikanta Das began on December 6. Today, on Friday, the decisions made in the meeting were announced by Reserve Bank of India (RBI) Governor Shaktikanta Das. RBI has kept the repo rate unchanged at 6.50 per cent.
With this, the economic growth rate estimate for the current financial year 2023-24 has been increased from 6.5 percent to seven percent. At the same time, the estimate of retail inflation has been kept stable at 5.4 percent.