The Reserve Bank of India (RBI) on Thursday (August 10) left its key interest rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher. The monetary policy committee, which has three members from the central bank and a similar number of external members, held the benchmark repurchase rate…
Read more The repo rate, which started rising in May last year, has stabilised with the RBI keeping it unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. Later, in the two bi-monthly policy reviews in April and June, the benchmark rate was retained. India’s retail inflation based on…
Last Updated: August 10, 2023, 06:00 IST RBI Monetary Policy Meet: The Reserve Bank of India, or RBI, is all set to hold a press conference on August 10, Thursday, on the decisions taken by it during its Monetary Policy Committee (MPC) meeting that started from August 8 and will conclude today. The RBI MPC…