RBI Unveils Monetary Policy 2023: Boosts GDP Growth Forecast to 7% Amid Inflation Concerns!
RBI Monetary Policy Repo Rate and Upward GDP Revision:
RBI Governor Shaktikanta Das recently unveiled the Monetary Policy Committee’s (MPC) decisions, maintaining the repo rate at 6.5 percent in line with expectations. The decision, the fifth consecutive hold, comes against a backdrop of concerns over higher inflation, particularly driven by unpredictable food prices.