RBI Policy: MPC May Leave Repo Rate Unchanged

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) may maintain a status quo on policy rates on August 10. Currently, the repo rate stands at 6.50 per cent, which the RBI’s MPC has kept unchanged for the last two cycles. Before that, the central bank’s policy committee hiked the repo rate by 250 basis points from May 2022 to February 2023.BTTV's Managing Editor Siddharth Zarabi Sseaks to RBL Bank's Economist Achala Jethamalani and QuantEco's Economist Vivek Kumar