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RBI keeps repo rate unchanged at 5.5 per cent

The Reserve Bank of India’s Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 5.5 per cent. RBI Governor Sanjay Malhotra highlighted India’s steady growth, easing inflation, and stable monetary stance

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Representational Image. File Pic

Representational Image. File Pic

The Reserve Bank of India's Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate constant at 5.5 per cent. RBI Governor Sanjay Malhotra, while highlighting the policy, indicated that the repo rate will not be changed and will stay stationary at 5.5 per cent. 

As reported by news agency ANI, the RBI governor informed that the MPC met on September 29 and 30 and October 1. The meeting was organised to deliberate on the prevailing economic conditions and decide on the interest rate trajectory.

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