RBI monetary policy today

New Delhi, February 7 RBI Governor Shaktikanta Das will announce the bi-monthly policy on Thursday amid expectations of continued pause on the key interest rate as inflation remains near the upper tolerance level of 6%. The RBI has kept the...

Tribune News Service

Updated At : 02:24 PM Feb 08, 2024 IST

New Delhi, February 7

RBI Governor Shaktikanta Das will announce the bi-monthly policy on Thursday amid expectations of continued pause on the key interest rate as inflation remains near the upper tolerance level of 6%.

The RBI has kept the short-term lending rate or repo rate unchanged at 6.5% for a year. The RBI last raised the interest rate in February last year to 6.5% from 6.25%. The retail inflation in the current fiscal has declined after touching 7.44% in July 2023.

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