The Reserve Bank of India (RBI) has opted to maintain the key repo rate at 6.5% to continue its focus on curbing inflation. This marks the seventh consecutive occasion where the 6-member Monetary Policy Committee (MPC) has chosen to stabilise the policy rates. The standing deposit facility (SDF) and marginal standing facility also remain unaltered at 6.25% and 6.75%, respectively.
Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.