RBI keeps repo rate unchanged at 6.5%
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5%, Governor Shaktikanta Das announced on Friday, December 6, 2024. This makes it the 11th consecutive time the repo rate has remained unchanged at 6.5%. Meanwhile, the RBI cut the cash reserve ratio (CRR) by 50 basis points to 4%. This comes at a time… Continue reading "RBI keeps repo rate unchanged at 6.5%"