RBI likely to continue status-quo on short-term lending rate, say experts

Experts predict that the Reserve Bank of India (RBI) will continue to maintain the pause on the repo rate in its upcoming monetary policy, following the recent interim budget. The repo rate has remained stable at 6.5% for almost a year, with the last rate hike occurring in February 2023. Retail inflation, though within the RBI's comfort zone, is still near the higher end of its range.
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