The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on interest rates after six monetary policy meetings, or 11 months. The last time the MPC had unanimously decided on interest rates was December 2023. However, no cuts were made then — the decision was to hold the repo.
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The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on interest rates after six monetary policy meetings, or 11 months. The last time the MPC had unanimously decided on interest rates was December 2023. However, no cuts were made then — the decision was to hold the repo.
Tim Seifert:
