RBI MPC retains repo rate at 6.5%, projects 6.5% GDP & 5.1%

RBI MPC retains repo rate at 6.5%, projects 6.5% GDP & 5.1% inflation for FY24

Chennai, June 8: Not belying the expectations, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent while projecting gross domestic product (GDP) and inflation at 6.5 per cent and 5.1 per cent respectively.

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