RBI Keeps Repo Rate Steady: Big Wins for Borrowers, UPI Users & Small Businesses| Key MPC Highlights

In its latest monetary policy meeting, the Reserve Bank of India ( RBI ) decided to keep the repo rate unchanged at 6.5% for the 10th consecutive time. RBI Governor Shaktikanta Das highlighted inflation concerns driven by global uncertainties and a shift in policy stance to "neutral." With India's real GDP growth at 6.7% in Q1 and projections of 7.2% for 2024-25, the central bank remains focused on balancing inflation control and fostering economic growth. Get all the key updates from the MPC meeting in this video.