Archive · 30 Jul 2026
RBI Likely Keeps Repo Rate Steady Ahead of August Meeting
The Reserve Bank of India (RBI) will meet in August to decide whether to change its main interest rate, called the repo rate.
Most experts think the RBI will keep the rate the same.
A business leader, Vineet Agrawal, said the RBI will stay cautious because things like oil prices and global politics can affect inflation.
The price of India’s 10‑year government bonds is steady at about 6.7%, showing traders don’t expect a rate change soon.
So, the RBI is likely to keep the repo rate unchanged for now.
RBI’s August Monetary Policy Committee meeting will decide on the repo rate.
Economists predict the RBI will keep the repo rate unchanged.
Vineet Agrawal, co‑founder of Jiraaf, expects the RBI to remain cautious.
The 10‑year Indian government bond yield is around 6.7%, indicating no immediate rate change.
Geopolitical developments, crude oil prices, and currency movements are key factors in the RBI’s assessment.
- Who
- Reserve Bank of India, economists, Vineet Agrawal
- What
- Decision on the repo rate at the August MPC meeting
- When
- August 2024
- Where
- India
- Why
- To assess inflation, growth, geopolitical events, oil prices and currency movements
- Repo Rate
- Unchanged
- Meeting Date
- August 2024
- 10‑Year Bond Yield
- ≈6.7%
- Economists' Expectation
- No change
- Central Bank
- Reserve Bank of India