RBI MPC keeps repo rate unchanged for 5th straight time
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
The MPC decided by a majority of 5 out of 6 members to remain focused on the 'withdrawal of accommodation'.
The decision to pause is for this meet only, says RBI governor Shaktikanta Das.
With the latest rate hike, which was in line with the market expectations, the apex bank has raised the repo rate by over two percentage points in half a year.