Live: RBI Repo rate kept unchanged at 4%

As expected, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) has maintained status quo on key rates in its bi-monthly policy statement for the ninth consecutive time, as announced by Governor Shaktikanta Das on Wednesday. 

RBI monetary policy Live updates:

  • RBI retains CPI inflation projection at 5.3% in 2021-22: Governor Das
  • Cut in excise duty on petrol, diesel to bring down inflation rate on durable basis, says Governor
  • Crude oil prices softening in November would alleviate domestic cost push build up: RBI Governor Das
  • Real GDP growth is projected at 17.2% for Q1 and at 7.8% for Q2 of 2022-23
  • RBI retains the gross domestic product (GDP) growth target at 9.5% in FY22
  • The MPC voted unanimously to maintain status quo, announces Governor Shaktikanta Das