RBI monetary policy: The Reserve Bank of India (RBI) on Wednesday, October 1, maintained a status quo on repo rate and policy stance, highlighting India’s favourable growth-inflation dynamics.
Meeting Street expectations, RBI Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.5 per cent, and maintained the policy stance as ‘neutral’.
(This is a developing story. Please check back for fresh updates.)
