RBI's Latest Update on Interest Rates and Inflation

Reserve Bank of India maintains the status quo on interest rates for the fifth consecutive meeting, emphasizing inflation concerns. Read More>>

Source: Moneycontrol

Inflation Resurgence

RBI keeps the repo rate at 6.5%, highlighting potential inflation resurgence. Price stability remains the primary focus amid economic considerations.

Source: Moneycontrol

Inflation Status

Headline inflation is at 4.87%, within RBI's 2-6% band but above the 4% target for 49 consecutive months. Core inflation eases to 4.2% excluding food and energy.

Source: Moneycontrol

MPC's Hawkish Move

In 2022-23, the Monetary Policy Committee (MPC) raised the repo rate by 250 bps to 6.5% to curb inflation. The battle against persistently high inflation continues.

Source: Moneycontrol

Global Watch

RBI Governor, Shaktikanta Das, asserts vigilance on inflation, global risks, and willingness to act based on evolving data. The next MPC meeting is scheduled for February 6-8.