The Monetary Policy Committee, which met on 8, 9 and 10 August, unanimously decided to keep the policy repo rate unchanged at 6.5 percent," RBI Governor Shaktikanta Das said.

• This is the third time the central bank has kept the repo rate unchanged.
• RBI has also raised the inflation projection from 5.1 percent to 5.4 percent for FY23-24 due to increased vegetable prices. 
• The central bank has also retained the GDP forecast at 6.5 percent.