RBI’s MPC keeps repo rate 'unchanged' at 6.5%; inflation outlook at 5.4%
MPC maintains "status quo" on key policy rate for fourth consecutive time, with 5 of 6 MPC members voting in favour
MPC maintains "status quo" on key policy rate for fourth consecutive time, with 5 of 6 MPC members voting in favour
RBI expected to factor in a rate hike in Aug and Oct as well; it'll also aim at taking the repo rate higher than pre-Covid level by Aug to 5.25%, says SBI Research.