The Monetary Policy Committee or MPC of the Reserve Bank of India (RBI) will be meeting on June 6-8, 2023 to discuss the current economic situation and decide on the future course of monetary policy.
India Seen Raising Key Rate To 6.75% In Q2 To Tame Inflation
RBI Monetary Policy Date And Time
RBI Governor Shaktikanta Das will announce the MPC’s decision on Thursday, June 8.
RBI Governor Shaktikanta Das.
RBI Monetary Policy Time
RBI Governor Shaktikanta Das will announce the MPC’s decision at 10:00 am while the policy press conference will be telecasted at 12:00 pm on the same day.
A watch. (Photo: PxHere)
Where To Watch RBI Monetary Policy Announcement Live
You can catch the live telecast of the RBI Monetary Policy announcement live on our BQ Prime YouTube channel. Also, the live streaming of the address will be available on RBI’s YouTube channel.
A girl looking at her mobile phone. (Source: Unsplash)
What To Expect From The RBI Monetary Policy Meet?
According to the experts, the RBI’s MPC may not change the interest rates and would continue with the ‘pause’ mode. This means that the RBI is not planning to raise interest rates for the time being.
(Source: Vijay Sartape for BQ Prime)
When Was The Last RBI Monetary Policy Meet And Did RBI Increase Repo Rate?
In the last MPC meeting which took place on April 6, the RBI kept the repo rate unchanged at 6.50% in its monetary policy review on April 6, 2023. The RBI also kept the reverse repo rate unchanged at 3.50%.
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