RBI Policy Preview: Monetary policy meeting begins today; economists expect the status quo on the repo rates
Economists pointed out that apart from addressing the inflation issue, another purpose of raising the repo rate and tightening the monetary policy was to ensure better liquidity in the system.
Since April 2022, the central bank has raised the repo rate several times to address the growing concerns of inflation, which crossed the tolerance band of 6 per cent. (Image: Reuters)