RBI MPC keeps repo rate unchanged at 6.5%, changes stance to neutral
- Posted on October 9, 2024
- By Business News Today
- 5 Views
RBI MPC keeps repo rate unchanged at 6.5%, changes stance to neutral
RBI MPC Policy Decision October 2024: The RBI's Monetary Policy Committee maintained the repo rate at 6.5% due to robust domestic growth and concerns over inflation despite a slight dip in Q1 FY2025 growth. The stance shifted to 'neutral' focusing on growth, cautious of potential geopolitical risks impacting inflation.