The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday as widely expected, but changed its policy stance to "neutral", opening the door for rate cuts as early as December. The Monetary Policy Committee (MPC),

The MPC has given a clear signal that a rate rethinking isn’t too far by changing the monetary policy stance. When and how will depend on inflation trajectory in the next 2-3 months.

The Reserve Bank of India held its key interest rate at 6.50% but shifted its policy stance to "neutral," signaling potential rate cuts amid an economic slowdown. Inflation remains within target, but growth concerns loom.

Monetary Policy Committee keeps repo rate unchanged, shifts stance to neutral, potential rate cut in February predicted by experts.

A CNBC-TV18 poll had predicted the same. This was also in-line with what other market watchers and economists were expecting.

The central bank has kept the repo or short-term lending rate unchanged at 6.5 percent since February 2023, and experts think some easing could only be possible in December. The government has tasked the central bank to ensure that Consumer Price Index (CPI) based retail inflation remains at 4 per cent with a margin of 2 per cent on either side.

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to "neutral", opening the door for rate cuts amid early signs of a growth slowdown in the economy.

In its latest monetary policy meeting, the Reserve Bank of India ( RBI ) kept the repo rate unchanged at 6.5 per cent for the 10th consecutive time. The decision, made by a majority of 5 out of 6 members of the Monetary Policy Committee (MPC),

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to "neutral", opening the door for rate cuts amid early signs of a growth slowdown in the economy.