RBI Monetary Policy Committee LIVE: Repo Rate Kept Unchanged At 6.5%, Announces RBI Governor

New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das announced that the policy repo rate after this review cycle is being kept unchanged at 6.5 per cent. The 43rd monetary policy committee (MPC) meeting of the Reserve Bank of India (RBI), that started on 6 June 2023, concluded today, 8 June 2023.

RBI Governor said that the decision of the MPC to keep the repo rate unchanged was unanimous. However, Das added that MPC will continue to take further monetary policy actions promptly, as required.

“Pace of monetary policy has slowed down. Uncertainty remains on future trajectory as inflation continues to roll above targets across the world,” Das said.

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