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While the situation in the domestic market is just about improving, many central banks in emerging as well as developed nations have hinted or already taken actions to normalize the monetary policy. ....
This is the sixth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low. ....
The Reserve Bank of India's (RBI) monetary policy committee (MPC) kept the key lending rate or the repo rate unchanged at 4 per cent for a sixth stra ....