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RBI MPC Meet: Interest rates expected to hold steady, possible shift to neutral stance amid tight liquidity conditions

By Economic Times - 10 months ago
RBI MPC Meet: The 12 respondents unanimously predicted that the Monetary Policy Committee (MPC) would keep the repo rate unchanged at 6.50% at the end of its February 8 meeting. They said the panel will maintain the status quo on rates for the sixth consecutive time. The repo rate is the rate at which the RBI lends funds to banks.

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