News > Governor Shaktikanta Das is expected to maintain status quo on rates

Governor Shaktikanta Das is expected to maintain status quo on rates

The Reserve Bank of India's Governor Shaktikanta Das is set to announce the monetary policy rates for the new financial year (2022-23) today. Most analysts are expecting RBI to maintain the status quo on interest rates to support growth.

However, RBI may change the stance in view of retail inflation piercing its upper tolerance limit, global uncertainties created by the ongoing Russia-Ukraine war, and the urgency to protect and boost growth.