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RBI keeps repo rate unchanged at 6.50%
short by Pragya Swastik / on Thursday, 8 June, 2023
The Reserve Bank of India's Governor Shaktikanta Das on Thursday announced the monetary policy committee's decision to keep the repo rate unchanged at 6.50%. In its previous policy in April too, the RBI had kept the policy repo rate unchanged at 6.50%. The repo rate is the rate at which RBI lends money to banks.
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