The Reserve Bank’s decision to keep the benchmark interest rate stable is pragmatic and will ensure sustainable economic growth, say experts.
The RBI Monetary Policy Committee on Thursday decided to keep policy rate unchanged for the sixth time in a row in view of global uncertainty and the need
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Financial analysts anticipate that the key policy rates will likely remain unchanged, given the gradual convergence of inflation towards the RBI’s target level and the upward trajectory of economic growth. Individuals looking to secure loans can find relief in the absence of imminent rate hikes.
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