RBI Monetary Policy LIVE Updates: Will RBI keep key policy rates unchanged in its first MPC meet after Budget 2022–23? - The Economic Times

Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution today. It is widely anticipated that the MPC is likely to maintain the status quo on the benchmark interest rate or repo rate. Experts, however, are of the opinion that the MPC may change the policy stance from 'accommodative' to 'neutral' and tinker with the reverse-repo rate as part of the liquidity normalisation process. If the RBI maintains status quo in policy rate on Thursday, it would be the tenth consecutive time since the rate remains unchanged. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

via Economictimes