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RBI keeps repo rate unchanged at 6 50 percent

The Reserve Bank of India keeps the repo rate steady at 6.5 percent.

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RBI MPC June: RBI keeps repo rate unchanged at 6 50%

RBI Governor Shaktikanta Das said: "We can derive satisfaction from the fact that the Indian economy stands out as strong and resilient."

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RBI Monetary Policy Meeting Starts Deliberations; Policy Rate Decision On June 8

RBI MPC June 2023: The government has mandated the RBI to ensure CPI inflation at 4 per cent with a margin of 2 per cent on either side.

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MPC announcements: RBI projects GDP growth for 2023-24 at 6 5%

RBI MPC announcements: Governor Das stated that Q1 GDP is expected to grow at 7.8 per cent, Q2 at 6.4 per cent, Q3 at 6.1 per cent, and Q4 at 5.9 per cent.

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RBI MPC Meet 2023: MPC unanimously votes to keep repo rate unchanged at 6 5%

Since May last year, the central bank has increased the rate by 250 bps over inflation concerns. This is contrast to what many economists had predicted.

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