RBI Governor Shaktikanta Das announced the second bi-monthly monetary policy of the financial year 2024-25 on Friday, the first after the 2024 Lok Sabha election results. Despite analysts’ expectations, the RBI maintained the repo rate unchanged at 6.50%, with a 4:2 majority decision. With inflation targeting as the primary focus, given persistent food inflation, experts anticipate the repo rate to remain steady at 6.5% for the seventh consecutive time. Governor Das also discussed the prevailing domestic and global economic conditions during the announcement.