The RBI's monetary policy meeting, led by Governor Shaktikanta Das, is underway and will conclude on October 9. Analysts widely expect the repo rate to remain steady at 6.50% despite global economic uncertainties and falling retail inflation.

RBI's three-day monetary policy meeting to address inflation, economic growth, and global uncertainties, with repo rate at 6.50%.

The Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, will consider important factors like inflation, global economic uncertainties, and domestic growth. Inflation remains a problem,

But the central bank may change its stance to “neutral” from “withdrawal of accommodation,” and start the rate-cut cycle from December 2024.

Many economists believe that the six-member MPC may change the monetary policy stance from ‘withdrawal of accommodation’ to ‘neutral’ in the policy meeting next week.

The RBI's monetary policy committee (MPC) meeting from October 7-9 is unlikely to cut the benchmark interest rate and a dovis

The central bank is unlikely to slash the benchmark interest rate and RBI Governor Shaktikanta Das will announce the final decision on October 9.

As the Reserve Bank of India ( RBI ) approaches its bi-monthly monetary policy review later this week, experts predict that a cut in the benchmark interest rate is unlikely. Concerns over retail inflation persist,

The Government has appointed Ram Singh, Saugata Bhattacharya, and Nagesh Kumar as external members of the MPC.