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RBI keeps repo rate unchanged at 6.5% for 10th time in a row
The New Indian Express
|October 10, 2024
THE Reserve Bank of India on Wednesday kept the repo rate unchanged at 6.5%, for the 10th time in a row, but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies.
According to analysts, the change in stance is the first step towards a rate cut and signals the beginning of the easing cycle as early as December.
This story is from the October 10, 2024 edition of The New Indian Express.
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