💨 Abstract

The Reserve Bank of India (RBI) maintained its key interest rate at 6.50% in its latest policy meeting, but changed its policy stance to "neutral" to signal potential future rate cuts due to economic slowdown signs. The Monetary Policy Committee (MPC), which consists of six members, voted unanimously to keep rates on hold. The change in stance came as inflation slowed to 3.65%

Courtesy: theprint.in

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