RBI monetary policy review meet commences, another pause in repo rate likely
Wednesday, 4 October 2023 RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. According to SBI Research, the Indian central bank is expected to yet again pause the key repo rate this week. RBI in its past three meetings - April, June, and August - held the repo rate unchanged at 6.5 per cent.
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Experts predict that the Reserve Bank of India (RBI) will maintain the benchmark interest rate at 6.5% in its upcoming monetary policy review. Factors such as... IndiaTimes Also reported by •DNA