Published On : Thu, Apr 6th, 2023
By Nagpur Today Nagpur News

RBI keeps repo rate unchanged at 6.5%

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The RBI monetary policy committee (MPC) decided to keep the policy repo rate unchanged at 6.50 per cent and other policy rates were also kept unchanged.

“The monetary policy committee decided unanimously at 6.50 per cent with a readiness to act if the situation so warrants,” Das said. The RBI Governor also said that the withdrawal of accommodation and that the repo rate hike has been paused only for this meeting.

Gold Rate
July 10 ,2026 - Time 10.30Hrs
Gold 24 KT ₹ 1 44,400 /-
Gold 22 KT ₹ 1,34,000 /-
Silver/Kg ₹ 2,25,100/-
Platinum ₹ 88,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

RBI projects 5.2 pc inflation for FY24, 5.1 pc in Q1. Das said that the current financial year points towards softening of inflation; war against inflation to continue until there is durable decline.

RBI marginally raises GDP growth projection for FY24 to 6.5 pc from earlier estimate of 6.4 pc.

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