RBI’s MPC Meeting: RBI Maintains Repo Rate At 6.5%

The Reserve Bank of India (RBI) has kept its key interest rates unchanged for the 10th consecutive time. At a press conference following the Monetary Policy Committee (MPC) meeting, RBI Governor Shaktikanta Das announced that the repo rate remains at 6.5%. This decision follows the RBI’s 3-day monetary policy meeting, which began on Oct 7, and 3 new members have been inducted into the MPC.