RBI Governor Shaktikanta Das on August 10 announced that the Monetary Policy Committee (MPC) has chosen to keep the repo rate steady at 6.5%. The decision was reached during the August MPC meeting, which follows comprehensive deliberations among the committee members. The SDF rate will also remain unchanged at 6.25%, while the MSF and bank rates will stand at 6.75%. RBI Monetary Policy 2023: SBI Research Expects Another Pause in Interest Rates As Third Committee Meeting Underway.

RBI Maintains Repo Rate at 6.5% Following Unanimous MPC Decision

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