RBI Monetary Policy: Shaktikanta Das Announces 6.50%, Press Conference Underway

Reserve Bank of India (RBI) governor Shaktikanta Das will on Friday unveil decisions taken at the central bank's latest 3-day Monetary Policy Committee (MPC) meeting. At the previous meeting, in August, the MPC decided to retain the policy repo rate at 6.50%. The standing deposit facility rate is 6.25%, the Marginal standing facility rate: is 6.75%, the Bank rate: is 6.75%, and the fixed reverse repo rate: is 3.35%.