The RBI Governor-led MPC is currently holding three-day deliberations to decide on short-term lending rates. The retail inflation remains near the higher end of the central bank's comfort zone, leading to expectations of a continued status quo on interest rates. The RBI has kept the repo rate stable at 6.5% for almost a year, with the last rate hike occurring in February 2023. While the retail inflation has declined from its peak, it is still high at 5.69% in December 2023. Governor Das will announce the MPC's decision on Thursday.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.