RBI Governor Shaktikanta Das will soon announce the MPC's latest decisions, expected to keep the repo rate at 6.5%. The government recently reconstituted the MPC with three new members. Key points include a focus on food inflation and digital payments expansion.

The central bank’s Monetary Policy Committee (MPC) began its latest meeting on October 7, 2024, and will be revealing its decision on key interest rates on October 9, 2024

As the Reserve Bank of India (RBI) gears up to announce the decision of its Monetary Policy Committee (MPC) meeting on October 9, industry experts on Tuesday said the Central Bank is likely to maintain a status quo on policy interest rates and if food inflation further moderates,

If the repo rates remains unchanged at 6.50 per cent, it would mark the 10th consecutive bi-monthly meeting with rates unchanged. The last time RBI changed the rates was in February 2023.

This newly formed panel is having its first meeting with MPC Chairman and RBI Governor Shaktikanta Das, set to announce the outcomes of the three-day discussions on Wednesday

RBI Governor Shaktikanta Das will announce the MPC’s policy decision on October 9. This is the first meeting of the six-member RBI MPC after half the members were changed last week.

MUMBAI: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to remain on hold for the tenth consecutive time, keeping the benchmark repo rate at 6.50 per cent.

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 RBI’s monetary policy committee (MPC) meeting from October 7-9 is unlikely to cut the benchmark interest rate and a dovish tone could set the direction moving forward, industry experts said on Sunday.

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