Published On : Thu, Aug 10th, 2023
By Nagpur Today Nagpur News

RBI keeps repo rate unchanged at 6.5%

RBI Monetary Policy Committee decides to keep repo rate unchanged at 6.5 pc, says RBI Governor Shaktikanta Das.

Unchanged repo rates indicate the loan interest rates too are likely to remain unchanged. RBI projects Q2 retail inflation at 6.2 pc; Q3 at 5.7 pc and Q4 at 5.2 pc in FY 2023-24.

Gold Rate
Tuesday 28 Jan. 2025
Gold 24 KT 80,300 /-
Gold 22 KT 74,700 /-
Silver / Kg 90,600 /-
Platinum 44,000/-
Recommended rate for Nagpur sarafa Making charges minimum 13% and above

RBI ups retail inflation projection to 5.4 pc during FY’24 from earlier estimate of 5.1 pc due to vegetable price shocks.

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