
RBI holds Repo Rate at 5.5 pc, takes neutral stance on growth and inflation dynamics
New Delhi, Aug 6 (UNI) The Reserve Bank of India’s six-member Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 5.50 per cent following its three-day meeting held on August 4,5, and 6. By keeping the repo rate unchanged, the central bank showed its continued focus on maintaining a balance…