06-10-2023 11:00 AM | Source: Accord Fintech
Just In: RBI maintains status quo; keeps repo rate unchanged at 6.5%
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The Reserve Bank of India (RBI) in its fourth bi-monthly monetary policy kept the repo rate unchanged at 6.50% and maintain stance of 'withdrawal of accommodation’. This is the for the fifth straight time Central Bank kept rate unchanged. SDF rate remained unchanged at 6.25%.
The real GDP growth forecast for FY24 maintained at 6.5%. Also, the RBI kept FY24 CPI inflation projection unchanged at 5.4%.
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