RBI: Reserve Bank of India gave relief to the common man, the governor made this announcement 

Relief news has come from the Reserve Bank of India for the common man. The news is that RBI Governor Shaktikanta Das has announced to keep the repo rate stable.

According to reports, the RBI governor has now announced to keep the repo rate at 6.50 per cent. This step of RBI has brought relief to the common man. Due to this, loans will not become expensive now. Earlier it was expected that the repo rate could increase by 25 basis points.

Announcing the results of the three-day MPC meeting, the governor has pleased the public by announcing that he will not increase the repo rate. Significantly, last year, the repo rate was increased seven times in a row by the RBI to control the peak inflation.