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Moneycontrol LIVE: RBI Governor Shaktikanta Das | Announcement on key interest rate | MPC decision

The Reserve Bank of India’s Monetary Policy Committee is widely expected to keep the repo rate unchanged at its review meeting ending on December 8, but is likely to adopt a cautious stance regarding rising threats of food inflation and excess liquidity in the system. While the market participants are keenly awaiting the RBI’s revised inflation and GDP forecasts, they are also keeping a close watch on any additional measures by the central bank to suck out the excess liquidity. The MPC has kept the repo rate unchanged at 6.5 percent in the past four monetary policy reviews, after raising the rate by 250 basis points since May 2022. Catch Moneycontrol's Nandita Khemka & Stacy Periera in conversation with Mayuresh Joshi, Head of Equity Research, William O’Neil India, Saugata Bhattacharya, Economist, Achala Jethmalani, Economist, RBL Bank for more insights on the announcement today.

Moneycontrol News
December 08, 2023 / 09:52 IST
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Moneycontrol News
TAGS: #live #rate hike #RBI #RBI MPC #Shaktikanta Das #video
first published: Dec 8, 2023 09:52 am

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