ET Poll: RBI likely to maintain status quo on key rates

The Reserve Bank of India (RBI) is expected to maintain interest rates unchanged in its upcoming meeting, according to an ET poll of 14 respondents. This would mark the seventh consecutive time the repo rate, currently at 6.50%, remains steady. Economists suggest that the RBI may wait until August 2024 for any rate changes, citing the need for clarity on monsoon outcomes, sustained economic growth, and US Federal Reserve decisions.

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