Wed Oct 09 05:02:11 UTC 2024: ## RBI Expected to Hold Steady on Repo Rate Amidst Inflation Concerns
**Mumbai, India -** The Reserve Bank of India (RBI) is expected to maintain the current repo rate during its policy meeting today, despite persistent inflationary pressures driven by rising food prices.
While the central bank has been battling inflation, recent easing of core inflation and a decline in global borrowing costs could prompt a shift towards a neutral stance in the next quarter.
The RBI Governor, Shaktikanta Das, is likely to address the current economic climate and outline the bank’s future monetary policy decisions.
**Stay tuned for live updates and analysis of the RBI’s policy announcement.**
First Piper 