What is the repo rate as of August 2023, per the most recent statement from the Monetary Policy Committee?
6.5 %.
2023 August
|
|
4.25/5 |
In a recent meeting of the monetary policy committee, the Reserve Bank of India (RBI) decided to maintain the policy rate at 6.5%. Shaktikanta Das, governor of the RBI, increased the CPI inflation forecast for FY24 to 5.4% while keeping the GDP growth projections for FY24 at 6.5%.
More topics
2023 March
Under what program was the Captive Employment Initiative first implemented?.
Deen Dayal Upadhyaya Kaushalya Yojana.
2023 April
Which two nations dispute Nagorno-Karabakh as their territory?
Armenia and Azerbaijan.
2023 April
The 'International Conference on Human-Wildlife Conflict and Coexistence' is being held in which nation?
UK