Any Premature Monetary Policy Move May Undermine RBI's Efforts On Inflation: Governor Shaktikanta Das

RBI's rate setting panel, Monetary Policy Committee (MPC), had met for three days from February 6-8.

The panel decided to leave the key policy rate unchanged at 6.5 per cent for the sixth time in row. It is almost a year now that the repo rate or short-term borrowing rate is at 6.5 per cent.

It was in February last year when the RBI hiked the repo rate and has held the policy rate since then.