MPC Keeps Repo Rate unchanged but Changes Stance

MPC Keeps Repo Rate unchanged but Changes Stance On 9th October 2024, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) announced its Monetary Policy Statement. The MPC has decided to keep its interest rate unchanged for the Tenth time (10th) in a row. Let us see the MPC statement now. Monetary …

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MPC announced Monetary Policy Statement

MPC announced Monetary Policy Statement Today (i.e. 07th December 2022), the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), has announced its monetary policy statement. MPC has increased the policy rate (repo rate) by 35 basis points with immediate effect. This takes the repo rate to 6.25 per cent. As a result, …

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