RBI To Release Monetary Policy Statement Today, Pause In Repo Rate Likely

Reserve Bank of India Governor Shaktikanta Das will make a statement and then address a press conference.

The Reserve Bank of India (RBI) will on Friday announce its bimonthly monetary policy statement which is closely watched by financial market participants. The statement by RBI Governor Shaktikanta Das on Friday morning will be followed by a press conference.

The three-day bi-monthly monetary policy committee (MPC) meeting, which began on Wednesday, is closely watched by financial market participants.

During these meetings, the central bank deliberates on various economic indicators, including interest rates, money supply, inflation outlook, and macroeconomic trends.