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Quote on RBI MPC by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors
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Below the Quote on RBI MPC by Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors
"The Reserve Bank of India (RBI) has maintained the repo rate at 6.5%, marking the 11th consecutive meeting without any adjustment to this critical policy rate. This decision reflects a careful balancing act between managing inflation and fostering economic growth in the context of challenging circumstances and an unpredictable global economic environment. The RBI reaffirms its cautious approach while remaining open to future adjustments based on the evolving economic indicators."
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