Repo rate remains unchanged at 6.5 per cent for ninth consecutive time: RBI

Mumbai (Maharashtra) [India], August 8 (ANI): In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 6.5 per cent. This marks the ninth consecutive time the central bank has opted for stability in its monetary policy.

Governor Das stated, "After a detailed assessment of the evolving macroeconomic and financial condition