Why it is in the news
The Monetary Policy Committee retained the rate, citing an inflation trajectory within the target band.
The exam angle
Know the repo rate definition and which body decides it — the MPC, not the RBI Governor alone.
29 July 2026 · National and international edition
RBI holds the policy repo rate in its latest review
- Monetary Policy
- RBI
- Repo Rate
- Inflation Targeting
- MPC
Written for APPSC Group 1, TGPSC Group 1 and UPSC Civil Services. More from 29 July 2026 or all current affairs.