RBI Maintains Repo Rate At 6.5%, Unchanged For The Fourth Consecutive Time

Policy Stance Unaltered

RBI keeps policy stance unchanged, focusing on withdrawing accommodation

Cautious Monetary Approach

RBI preserves policy stance, focusing on gradual withdrawal of accommodation measures to gauge economic effects

Global Economic Challenges

US Federal Reserve's anti-inflation efforts and global economic dynamics pose challenges for India

Steady GDP Growth Projection

RBI maintains FY24 real GDP growth projection at 6.5%

Inflation Outlook Retained

RBI Governor retains CPI inflation projection at 5.4% for Financial Year 24

Consistent Monetary Policy

Repo rate remains static over three bi-monthly policy reviews, emphasizing stability