#Firstpost RBI Monetary Policy Meet LIVE: RBI Keeps Repo Rate Unchanged at 5.5% for Second Consecutive Time
RBI Monetary Policy Meet LIVE: RBI Keeps Repo Rate Unchanged at 5.5% for Second Consecutive Time
The Reserve Bank of India kept the repo rate unchanged at 5.5 percent on Wednesday. Further, RBI Chief Sanjay Malhotra announced that the MPC has decided to keep monetary policy stance unchanged at ‘neutral’. This is the second consecutive time that the repo rates have been kept unchanged. This is a crucial MPC meeting as it comes after the additional tariffs imposed by US President Donald Trump on essential commodities.
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