Mumbai: The Reserve Bank of India on Friday kept its benchmark repo rate unchanged at 6.5%, voting 4-2 in favour of a hold, while signalling that monetary easing could begin as early as December if inflation continues its downward trajectory.
The Monetary Policy Committee voted 4-2 to keep rates unchanged as inflation remains above comfort zone.
Mumbai: The Reserve Bank of India on Friday kept its benchmark repo rate unchanged at 6.5%, voting 4-2 in favour of a hold, while signalling that monetary easing could begin as early as December if inflation continues its downward trajectory.
Support independent journalism. No corporate pressure, no political master — sirf aap aur sach. Reader-funded, like Wikipedia.