Wed Oct 09 04:40:33 UTC 2024: ## RBI Keeps Repo Rate Unchanged at 6.5%
**Mumbai, India:** The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to hold the policy repo rate steady at 6.5% for the time being. This decision was announced by RBI Governor Shaktikanta Das on Thursday following a three-day meeting of the MPC. The MPC, comprising all members, unanimously agreed to maintain a neutral stance on the monetary policy.
The MPC considered various factors during its 51st meeting before arriving at this decision. While the current rate remains unchanged, the RBI will continue to monitor economic indicators and market conditions closely.
First Piper 