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Published 18:53 IST, April 6th 2023

This is a pause, not a pivot: RBI Guv Shaktikanta Das after surprise hold in key rates

Reserve Bank Governor Shaktikanta Das on Thursday made it clear that the decision to hold rates should be seen as a pause, and not as a pivot.

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The rate-setting Monetary Policy Committee (MPC) will act on the rates as and when necessary, Das said.
The six-member MPC voted unanimously to keep the repurchase or repo rate unchanged | Image: self
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18:53 IST, April 6th 2023