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RBI monetary Policy Review Key Takeaways: No cut in rates, Governor Urjit Patel led MPC keeps repo rate at 6.5 pct
Written By ZeeBiz WebTeam
Published: | Updated:
In the Fifth Bi-monthly Monetary Policy Statement, 2018-19, the Resolution of the Monetary Policy Committee (MPC) Reserve Bank of India was announced and on the basis of an assessment of the current and evolving macroeconomic situation at its meeting today
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RBI MPC decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. This is exactly what most analysts had predicted. Image source:
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