The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.
In its 49th MPC meeting held between June 5 and 7, it was decided to maintain the status quo on key interest rates, reflecting a balanced approach towards sustaining economic growth while keeping inflation in check.
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
Experts believe the central bank is very likely to maintain the status quo on interest rates along with caution on inflation and the geo-political outlook
The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI started on Wednesday with financial market participants set to closely monitor the outcome and the policy stance of the central bank
Indian stocks indices were largely steady Tuesday morning after closing on the higher side during the previous session. At the time of writing this report, Sensex and Nifty were in the (-) 0.1-0.1 per cent range.