RBI Keeps Key Interest Rates Unchanged in First FY25 MPC Announcement

Today, RBI Governor Shaktikanta Das disclosed the Monetary Policy Committee's verdict on crucial interest rates. Despite a three-day meeting starting April 3, the repo rate, standing at 6.5%, remains unchanged, maintaining a steady streak spanning six MPC sessions. Apart from the repo rate, factors like Standing Deposit Facility (SDF) rate, Marginal Standing Facility (MSF) rate, and the monetary policy stance were addressed. This decision holds significance for economic observers and stakeholders, setting the tone for fiscal policies in the new financial year.

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