May 12, 2024 10:18 (IST)
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Market experts divided on RBI's choice to maintain key policy rate

Market experts divided on RBI's choice to maintain key policy rate

New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday.

RBI MPC keeps repo rate unchanged, raises FY24 growth forecast to 7%; Industry reacts

RBI MPC keeps repo rate unchanged, raises FY24 growth forecast to 7%; Industry reacts

Mumbai: The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 percent for the fifth time in a row on Friday, thus maintaining the status quo.