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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RBI MPC comes to a unanimous decision on rates after 11 months
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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.
