RBI Keeps Repo Rate Unchanged at 6.50% for the Ninth Consecutive Time

RBI Keeps Repo Rate Unchanged

Mumbai, August 8 (Udaipur Kiran): The Reserve Bank of India (RBI) has once again prioritized controlling inflation over growth, keeping the key policy rate, the repo rate, unchanged at 6.50% for the ninth consecutive time. Loans will not become more expensive, and EMIs will not increase. The RBI last raised the repo rate by 0.25% … Read more

Retail inflation eases to five-month low of 4.85% in March

Retail inflation

With cooling food prices, Consumer Price Index (CPI) based retail inflation declined to a five-month low of 4.85 per cent in March 2024.The CPI was 5.09 per cent in February and 5.66 per cent in March 2023. Previously, CPI-based inflation was the lowest at 4.87 per cent in October 2023. The inflation remained within the … Read more

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