RBI MPC Meeting August 2023. Full text of RBI Governor Shaktikanta Das' address
The Reserve Bank of India's monetary policy committee unanimously decided to keep the report rate unchanged at 6.5%
The Reserve Bank of India (RBI) has left the key interest rate unchanged for a third straight meeting on Thursday during the bi-monthly MPC meeting. The central bank held the benchmark repurchase rate at 6.50% Thursday. The repo rate is the rate of interest at which RBI lends to other banks.