RBI Retains Repo Rate at 6.50%: MPC Decision Holds Firm
Chennai: In a move that echoes the predictions of seasoned economists, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has opted to maintain the repo rate at 6.50 per cent. The repo rate, which signifies the rate at which the RBI lends to commercial banks, remains unchanged following the MPC’s deliberations held from…
