RBI MPC retains repo rate at 6.5%, projects 6.5% GDP & 5.1% inflation for FY24
The MPC forecast was 5.1 per cent for 2023-24 taking into account the rabi crop harvest/monsoon projections and favourable near-term inflation trend.
RBI Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent. (Image credit: Reuters)