December 9, 2023 5:11 PM
Akashvani’s program Spotlight: Discussion on RBI's Monetary Policy Committee's Decision
The Reserve Bank of India (RBI) has kept the policy repo rate unchanged at 6.5 per cent in its monetary review meeting. This is for the fifth time in a row that the Monetary Policy Committee's (MPC) has maintained the status quo. RBI governor Shakitkanta Das said on Friday that, the Standing Deposit Facility rate remains at 6.25 percent and the Marginal Standing Facility (MSF) rate and the Bank Rate at 6.75 percent. Attributing the declining inflation as reason behind maintain status quo th...