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Sunday, December 3, 2023

RBI to retain 6.5% interest rate as inflation in check: Experts

The Reserve Bank is likely to maintain the status quo on the short-term interest rate in its monetary policy review later this week, with inflation staying in comfort zone and economic growth moving at an accelerated pace, opined experts. The RBI has left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary policies. RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) is scheduled to begin its three-day deliberations on December 6.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SGz0o7d

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