Reserve Bank of India.
Reserve Bank of India.IANS

As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent.

Announcing the decision of the MPC after its three-day deliberations, RBI Governor Shaktikanta Das said on Friday that the committee unanimously decided to keep the repo rate at 6.5 per cent.

Shaktikanta Das, Governor, Reserve Bank of India
Shaktikanta Das, Governor, Reserve Bank of IndiaIANS

The MPC is alert and prepared to take necessary actions that are needed, he said.

The MPC met on December 6-8.

(With inputs from IANS)