No change in repo rate for 9th consecutive time

Reserve Bank of India

New Delhi: The Reserve Bank of India (RBI) has once again given importance to inflation instead of growth and has not made any change in the repo rate. This is the 9th consecutive time that the Monetary Policy Committee (MPC) of the Reserve Bank has not made any change in the repo rate. The repo rate remains at 6.5 percent as before. Along with this, the MPC has also maintained its stance of ‘withdrawing the liberal stance’. Today was the last day of the RBI Monetary Policy Committee meeting, which…

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