RBI unlikely to cut repo rate on August 8 monetary policy: Experts
New Delhi [India], August 5 (ANI): The Reserve Bank of India (RBI) is unlikely to change the repo rate, say experts. The three-day monetary policy committee (MPC) meeting to decide on policy rates begins tomorrow, August 6.
The RBI's repo rate, currently at 6.5 per cent since it was last increased in February 2023, is widely anticipated to remain unchanged for the ninth consecutive bi-monthly policy review says experts.
"