A few key highlights are appended for your ready reference:

A few key highlights are appended for your ready reference: 

Policy measures:Repo rate unchanged at 6.50%.

GDP:Real GDP growth forecast for FY23 maintained at 7% whereas it has been revised upwards to 6.5% for FY24.

Inflation:Inflation forecast for FY24 revised marginally downwards to 5.2% from 5.3%.

Policy Stance:

Monetary Policy Committee (MPC) has taken a pause for this meeting only, with a readiness to act, should the situation so warrant.

To remain focused on withdrawal of accommodation to ensure that inflation remains within the target band as well as to support medium term growth.