Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.
Indian Air Force (IAF) contingent left for Malaysia to participate in a four-day bilateral exercise 'Udarashakti' with the Royal Malaysian Air Force (RMAF).
In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.