Report Frontline

Reserve Bank of India three-day monetary policy committee meeting from today

Report Frontline

New Delhi: Change or report? A three-day Monetary Policy Committee or MPC meeting will be held from today on behalf of the Reserve Bank of India. The report has been unchanged for 8 consecutive times since last February 2023. From today, the report and reverse report will be reviewed in the MPC meeting. 6 members of MPC will attend the meeting under the leadership of Shaktikanta.

While this meeting is sitting for the third time in 2024-25, Governor Shaktikanta Das will announce the financial policy of RBI on the next 8th. However, this time too, the economist hopes that the report will remain unchanged. It has been informed that the rate will remain unchanged from last February 2023 at 6.5 percent. In view of the economic growth, RBI Monetary Policy Committee or MPC will take this step.

If the report remains unchanged, it will remain unchanged for the ninth time. The interest rate was last increased from May 2022 to February 2023. The report rate was increase by 2.50 percent. After which the policy rate has fallen to 6.5 percent. There has been no change in interest rates since then. This means that there has been no change in the interest rate in the last 8 meetings.

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