{"id":884,"date":"2024-10-09T12:26:26","date_gmt":"2024-10-09T06:56:26","guid":{"rendered":"https:\/\/richnook.com\/news\/?p=884"},"modified":"2024-11-18T23:11:26","modified_gmt":"2024-11-18T17:41:26","slug":"rbis-repo-rate-remains-unchanged-stance-changed-to-neutral","status":"publish","type":"post","link":"https:\/\/richnook.com\/news\/loan\/rbis-repo-rate-remains-unchanged-stance-changed-to-neutral\/","title":{"rendered":"RBI\u2019s Repo Rate Remains Unchanged, Stance Changed to &#8220;Neutral&#8221;"},"content":{"rendered":"\n<p><strong>Breaking News:<\/strong> The MPC (Monetary Policy Committee), which was newly reconstituted by RBI, met from October 7 &#8211; 9. On Wednesday they announced that the repo rate, which was 6.5%, will remain unchanged for the tenth consecutive monetary policy review.&nbsp;<\/p>\n\n\n\n<p>However, they have changed the stance of the monetary policy to &#8220;neutral&#8221; from the &#8220;withdrawal of accommodation&#8221; in this meeting. For FY2025, they have kept the GDP growth and retail inflation to 7.2% and 4.5% respectively.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Due to the unchanged repo rate, all external benchmark lending rates linked to the repo rate will not increase. This will give relief to the common burrower as their EMIs will remain unchanged.&nbsp;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breaking News: The MPC (Monetary Policy Committee), which was newly reconstituted by RBI, met from October 7 &#8211; 9. On Wednesday they announced that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[75,73,74],"class_list":["post-884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-banking","tag-rbi","tag-repo-rate"],"_links":{"self":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/comments?post=884"}],"version-history":[{"count":2,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/884\/revisions"}],"predecessor-version":[{"id":887,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/884\/revisions\/887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media\/952"}],"wp:attachment":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media?parent=884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/categories?post=884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/tags?post=884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}