RBI MPC Meet Highlights: Tax payment limit through UPI raised from Rs 1 lakh to Rs 5 lakh, says Guv Shaktikanta DasThe Reserve Bank of India today kept the repo rate unchanged at 6.5% for the 9th time since February 2023. Governor Shaktikanta Das reiterated the 'need to be watchful' due to persistent high food inflation. The key takeaways from the meeting can be found below. Thank you for tracking the updates from the MPC meet with DH!
The MPC meeting announcement will be streamed on RBI's official YouTube channel.
It can also be watched on the central bank's Facebook and Twitter pages.
RBI Governor Shaktikanta Das is scheduled to announce the Monetary Policy at 10 am.
RBI likely to hold rates, may sound more confident of reaching inflation target
The Reserve Bank is expected to hold its key rates at the forthcoming policy review, but may sound more confident about reaching its 4 per cent inflation objective.
The RBI has kept repo rate at 6.5 per cent since February 2023
RBI kept repo rate unchanged at 6.5%
Governor Shaktikanta Das keeps benchmark interest rate unchanged for 9th time in a row.
The RBI's Monetary Policy Committee, decided to keep repo rate unchanged at 6.5 per cent by a 4:2 majority.
Food component of inflation remains stubborn, says RBI Guv.
RBI decides to continue with withdrawal of accommodative monetary policy stance: RBI Guv Shaktikanta Das.
Global economic outlook exhibits steady, though uneven expansion: RBI Guv Shaktikanta Das.
New technologies like AI pose new set of challenges for global economy: RBI Guv Shaktikanta Das.
Manufacturing activities continue to gain ground on back of increasing domestic demand, services sector remains buoyant: RBI Guv Das.
Household consumption is supporting turnaround in demand: RBI Guv Shaktikanta Das.
