RBI MPC Meet highlights: Cardless cash withdrawal to be made available at all bank branches and ATMs via UPI
The RBI’s six-member monetary policy committee keeps the repo rate unchanged at 4 per cent on Friday. The central bank keeps the stance accommodative. RBI keeps reverse repo rate unchanged at 3.35%. Real GDP growth for FY23 lowered to 7.2%, inflation projected at 5.7% He adds that owing to geo-political tensions any projection is fraught with risk. Stay tuned for live updates.