Current Affairs - Economy - Discussion

The Reserve Bank of India's Monetary Policy Committee (MPC) has maintained the repo rate at 6.5% for the 10th consecutive time. This decision reflects the MPC's balanced approach to managing inflation and supporting economic growth. The repo rate remains a crucial tool for regulating money supply and influencing interest rates in the economy. By keeping the rate unchanged, the RBI aims to sustain India's growth momentum, projected at 7.2% for FY25, while maintaining inflation within the target range of 4%.