Browsing Tag

Monetary Policy Committee

RBI keeps repo rate unchanged at 6.5 pc

Mumbai, June 8 (UNI) Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5%.Repo rate refers to…

Rate cut cycle may extend on sub 4% inflation

New Delhi, Policenama Online – With inflation expected to remain below 4 per cent, the RBI has space to cut the lending rate further to revive growth which slipped to six-year low in April-June quarter.The CPI-based inflation is projected…