RBI keeps rates unchanged; FY23 GDP growth seen at 7.8%

RBI keeps rates unchanged; FY23 GDP growth seen at 7.8%

The Monetary Policy Committee has, unanimously, opted to maintain the repo rate at 4.00%. With a 5:1 majority, the committee also opted to maintain an accommodative stance in order to support economic growth and recovery, RBI Governor Shaktikanta Das announced on Thursday. This is the tenth consecutive time that the rate has remained unchanged. The … Read more