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Keeping policy repo rates intact at 6.5 percent has already been factored in by the markets but the upside risks to inflation pointed out candidly by RBI needs the attention of market participants. The inflation...
This development came during the Reserve Bank of India's Monetary Policy Committee (MPC) announcement that the repo rate would be kept unchanged at 6.50 per cent for the fifth consecutive time.
This marks the fifth time in a row when the rate-setting panel chose to keep the repo rate unchanged, on the back of easing inflation and higher-than-expected economic growth rate