RBI Maintains Repo Rate At 6.5% For 11th Consecutive Time

Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized that price stabilization is key to the economic policy. Revealing the decisions from the bi-monthly monetary policy review, he stated that key interest rates would remain unchanged, with the repo rate maintained at 6.5%. It has kept this rate steady since February 2023, marking the 11th consecutive time no change has been made.