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The Hindu
The Hindu
National
The Hindu Bureau

RBI’s MPC keeps repo rate unchanged at 6.5% to bring down inflation, support growth

RBI MPC GDP Monetary Policy Committee Reserve Bank of India Monetary Policy Inflation

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday, February 8, 2024 after a detailed assessment ddecided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.

The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth.

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