RBI keeps repo rate unchanged at 6.5 pc, changes stance to neutral to align inflation with growth

Mumbai (Maharashtra) [India], October 9 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das announced during the Monetary Policy Committee (MPC) meeting that the central bank has decided to keep the policy repo rate unchanged at 6.5 per cent for the 10th consecutive time, on Wednesday.

The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6