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30 June 2026 · Daily Digest

RBI keeps repo rate unchanged at 5.50%

The Monetary Policy Committee voted 5-1 to hold the repo rate steady, citing easing inflation but persistent global uncertainty. Stance retained as 'neutral'.

Static link: RBI Act, 1934 — Section 45ZB (MPC)

Prelims-ready MCQ

Q. The Monetary Policy Committee was constituted under which act?

A. Banking Regulation Act, 1949
B. RBI Act, 1934 (amended 2016) ✓
C. FEMA, 1999
D. SEBI Act, 1992