The Monetary Policy Committee (MPC) in its first bi-monthly monetary
policy review of FY24 kept key policy repo rate unchanged at 6.50% with
immediate effect, after six consecutive rate hikes. All six members
unanimously voted to keep the policy repo rate unchanged. Since May
The Monetary Policy Committee (MPC) in its bi-monthly monetary policy
review raised key policy repo rate by 25 bps to 6.50% with immediate
effect. This was the sixth consecutive rate hike by the MPC in this fiscal.
Four out of six members voted to increase the policy repo rate by 25 bps.
The Monetary Policy Committee (MPC) in its bi-monthly monetary policy review raised key policy repo rate by 35 bps to 6.25% with immediate effect…
