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RBI Keeps Repo Rate Unchanged, Projects India's Real GDP Growth at 6.9% for Current Fiscal
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The Reserve Bank of India has kept the repo rate unchanged at 5.25% and projected India's real GDP growth at 6.9% for the current fiscal.
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RBI Keeps Repo Rate Unchanged, Projects India's Real GDP Growth at 6.9% for Current Fiscal
The Reserve Bank of India has kept the repo rate unchanged at 5.25% and projected India's real GDP growth at 6.9% for the current fiscal. RBI Governor Sanjay Malhotra announced the first bi-monthly monetary policy for the current fiscal, stating that the Monetary Policy Committee has unanimously decided to retain the repo rate at 5.25% with a neutral stance. The standing deposit facility rate remains at 5% and the marginal standing facility rate remains at 5.25%.
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