RBI Decides to Keep Policy Rates Unchanged

The Reserve Bank of India (RBI) decided to keep the policy rates unchanged to focus on sustainable growth amidst global uncertainty and the aim to bring down retail inflation to its target. The repo rate remains at 6.5%, with a continued focus on withdrawing the accommodative stance. The decision is backed by a detailed assessment of the macroeconomic and financial developments, marking the sixth consecutive time the rates have been maintained. Additional measures, such as mandating Key Fact Statements (KFS) for MSME loans and planning to review the regulatory framework for electronic trading platforms, were also announced. This move towards unchanged policy rates and additional regulatory measures aims at ensuring sustainable growth, enhancing transparency