RBI MPC meeting, Dec. 5 -- The Reserve Bank of India (RBI) is all set to announce its bi-monthly monetary policy decision on Friday, December 5. Governor Sanjay Malhotra will reveal the outcome of the three-day RBI monetary policy meeting, which started on Wednesday, December 3.
The review takes place amid easing inflation, faster GDP growth, a rupee that has slipped past 90 per dollar, and ongoing geopolitical uncertainties.
The MPC left the repo rate unchanged at 5.5% for the fourth consecutive meeting in October. RBI Governor Sanjay Malhotra noted that inflation has fallen significantly, allowing the committee to stick to its existing policy stance.
So far this year, the MPC has reduced the benchmark rate by a total of 100 basis poi...
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