Monetary policy: RBI likely to hold rates for sixth time, shows BS poll

Focus on liquidity; few expect neutral stance

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) might maintain the status quo for a sixth consecutive policy review, said all 10 respondents in a Business Standard poll. The RBI will announce its decision after a review of its policy on February 8.
 

After raising the repo rate by 250 basis points (bps) to 6.5 per cent between May 2022 and February 2023, the MPC hit a pause in the April review of the monetary policy. “There has been no dramatic change in global dynamics since the last policy, giving little reason for the RBI