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The Reserve Bank last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level in its last six bi-monthly policies. ....
RBI MPC meeting: The RBI MPC has maintained the repo rate at 6.5 per cent for five consecutive times till December 2023. The benchmark interest rate was last hiked in February 2023, when it was raised from 6.25 per cent to the present 6.5 per cent. ....