RBI Maintains Status Quo For The 7th Time; Repo Rates Unchanged At 6.5%

Friday, 5 April 2024
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.

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RBI Monetary Policy: Repo rate unchanged at 6.5%, status quo maintained for 7th straight time

The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.
DNA on April 5, 2024

RBI Maintains Status Quo For The 7th Time; Repo Rates Unchanged At 6.5%

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RBI Monetary Policy: Repo rate unchanged at 6.5%, status quo maintained for 7th straight time