RBI MPC Decides to Stay ‘Neutral’, Keep Repo Rate Unchanged at 6.25 Pc; GDP Forecast at 7.2 Pc

New Delhi: On Wednesday, after analysing the current and evolving macroeconomic environment, the RBI Monetary Policy Committee (MPC) decided to shift its monetary policy stance to ‘neutral’ and stay explicitly concentrated on achieving long-term inflation alignment with the target while supporting growth. The central bank kept the repo rate at 6.5 percent while maintaining India’s … Continue reading RBI MPC Decides to Stay ‘Neutral’, Keep Repo Rate Unchanged at 6.25 Pc; GDP Forecast at 7.2 Pc