{"id":47911,"date":"2024-10-09T05:38:01","date_gmt":"2024-10-09T05:38:01","guid":{"rendered":"https:\/\/thenftimes.com\/index.php\/2024\/10\/09\/rbi-keeps-repo-rate-unchanged-at-6-5-n-f-times\/"},"modified":"2024-10-09T05:38:03","modified_gmt":"2024-10-09T05:38:03","slug":"rbi-keeps-repo-rate-unchanged-at-6-5-n-f-times","status":"publish","type":"post","link":"https:\/\/thenftimes.com\/index.php\/2024\/10\/09\/rbi-keeps-repo-rate-unchanged-at-6-5-n-f-times\/","title":{"rendered":"RBI Keeps Repo Rate Unchanged at 6.5% &#8211; N.F Times"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\u00a0<\/p>\n<p>Mumbai: The Reserve Bank of India (RBI) has decided to keep the policy repo rate unchanged at 6.5% for the tenth consecutive time. This decision was made by a majority of five out of six members of the Monetary Policy Committee (MPC), as announced by RBI Governor Shaktikanta Das during a press conference in Mumbai.<\/p>\n<p>Governor Das highlighted that the MPC has shifted its stance from \u201cwithdrawal of accommodation\u201d to \u201cneutral,\u201d reflecting a balanced approach to managing inflation and supporting economic growth. \u201cThe decision to maintain the repo rate at 6.5% is aimed at ensuring price stability while fostering conditions for sustainable economic growth,\u201d said Das.<\/p>\n<p>The unchanged repo rate means that the cost of borrowing for banks remains stable, which is expected to provide relief to borrowers as their equated monthly installments (EMIs) will not increase. However, the Governor noted that the RBI will continue to monitor inflationary trends closely, especially in the context of food prices, which have been a significant contributor to overall inflation.<\/p>\n<p>\u00a0<\/p>\n<div class=\"sharedaddy sd-block sd-like jetpack-likes-widget-wrapper jetpack-likes-widget-unloaded\" id=\"like-post-wrapper-118324006-330064-670613876f611\" data-src=\"https:\/\/widgets.wp.com\/likes\/?ver=13.8.1#blog_id=118324006&amp;post_id=330064&amp;origin=pragativadi.com&amp;obj_id=118324006-330064-670613876f611&amp;n=1\" data-name=\"like-post-frame-118324006-330064-670613876f611\" data-title=\"Like or Reblog\">\n<h3 class=\"sd-title\">Like this:<\/h3>\n<p><span class=\"button\"><span>Like<\/span><\/span> <span class=\"loading\">Loading&#8230;<\/span><\/p>\n<p><span class=\"sd-text-color\"\/><\/div>\n<p><h3 class=\"jp-relatedposts-headline\"><em>Related<\/em><\/h3>\n<\/p><\/div>\n<p>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] \u00a0 Mumbai: The Reserve Bank of India (RBI) has decided to keep the policy repo rate unchanged at 6.5% for the tenth consecutive time. This decision was made by a majority of five out of six members of the Monetary Policy Committee (MPC), as announced by RBI Governor Shaktikanta Das during a press conference [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-47911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/10\/RBI-Keeps-Repo-Rate-Unchanged-at-6.5.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/47911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=47911"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/47911\/revisions"}],"predecessor-version":[{"id":47913,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/47911\/revisions\/47913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/47912"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=47911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=47911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=47911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}