RBI MPC meeting from December 4, chances of change in repo rate less

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RBI MPC meeting from December 4, chances of change in repo rate less

New Delhi, 01 December (Hindustan Reporter). The three-day bi-monthly review meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will run from December 4 to 6. The decision after the meeting will be announced by RBI Governor Shaktikanta Das on December 6. This time too, there is less possibility of change in the policy interest rate repo rate in the review meeting of MPC.

Official sources said on Sunday that the six-member MPC meeting chaired by RBI Governor Shaktikanta Das is scheduled to be held on December 4-6. Experts say that RBI may once again keep the policy interest rate repo rate unchanged in the MPC review meeting. The central bank will have little choice this time, as retail inflation is above six percent. The Reserve Bank has kept the policy interest rate repo rate at 6.5 percent from February 2023.

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Hindusthan News / Prajesh Shankar

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