8/8/2024, 1:12:03 pm

RBI holds repo rates at 6.5%; blames it on sticky food inflation

WHAT HAS CHANGED SINCE THE JUNE 2024 MONETARY POLICY. When the June 2024 monetary policy was announced by the RBI, Indian polity was in a state of flux. The NDA had been voted as the largest combination but the government formation and the vote of confidence was yet to happen. Fortunately, things went on smoothly, and the polity did not encroach too much on economics.