Here's how experts reacted to RBI keeping repo rate unchanged after 250 bps cumulative hike

New Delhi [India], April 7 (ANI): The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate -- the repo rate -- unchanged at 6.5 per cent, to assess the effects of the policy rate tightening done so far.

The central bank conducts six bi-monthly reviews of its monetary policy in a financial year.

At the last MPC meeting of the RBI in early February, i