RBI keeps repo rate unchanged at 6.5%
Sunday, July 13, 2025
  • Careers
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services
Janam TV English
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column
No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column
No Result
View All Result
Janam TV English
No Result
View All Result
  • News
  • Business
  • Defence
  • Health
Home News

RBI keeps repo rate unchanged at 6.5%

by Janam Web Desk
Oct 6, 2023, 02:34 pm IST
in News, Business, India

New Delhi: Reserve Bank of India Governor Shaktikanta Das has unveiled the bimonthly monetary policy for the fiscal year 2023-2024. “After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the RBI’s Monetary Policy Committee decided unanimously to keep the policy repo rate unchanged at 6.5%,” Das said.

Despite the country experiencing rising inflation, the repo rate remains unchanged due to the economic development perspective. This decision was communicated by B. Shaktikant Das, the Governor of the Reserve Bank of India, who indicated that it was the decision of the Monetary Policy Committee (MPC). Das made this announcement following a meeting with the Monetary Policy Committee, which took place from October 4th to 6th.

He added that retail inflation is projected at 5.4% for 2023–24, with the second quarter at 6.4%, Q3 at 5.6%, and Q4 at 5.2%. “The risks are evenly balanced,” the governor pointed out. Between May 2022 and February 2023, the RBI implemented consecutive changes in the repo rate. However, it has now remained steady at 6.50% for the fourth consecutive time.

Tags: RBIShaktikanta DasGovernor6.5%unchangedRepo2023-24KeepsMAIN
ShareTweetSendShareSendShare

Comments

Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Keep the conversation civil.

Related News

India

ABVP submits memorandum to RBI governor demanding strict action against unlawful freezing of Bihar State Universities’ Bank Accounts

Kerala

Renovation works of the Pallayam Sakthi Vinayaka Temple at Thiruvananthapuram completed

India

Maldivian Airlines resumes service from Thiruvananthapuram

Latest News

Maoist attack in Wayanad: Police register case under UAPA

Members of a pro-CPI(M) organization boycotts election and goes vacationing to protest against policies of left government

Weapons spotted in a vehicle used for election campaign of CPI(M)’s Alathur candidate K Radhakrishnan

ABVP writes to NBEMS Chairperson demanding reduction in GPAT-2024 application fee

Congress helped PFI and received their support in return; Communists are vying for PFI support: Says Amit Shah in Alappuzha

Police remove boards welcoming BJP leader K Annamalai to Wayanad

Maoists order locals in a village at Wayanad to boycott the election

Sandeshkhali horror: ABVP sends 6-point memorandum to President Murmu, demands deployment of central forces at Sandeshkhali

  • Careers
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services

© Janam Multimedia Limited

No Result
View All Result
  • ‌
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Sports
  • Entertainment
  • ‌
    • Travel
    • Lifestyle
    • Auto
    • Podcast
    • Guest Column

© Janam Multimedia Limited