India’s Monetary Policy Committee decided to keep the benchmark repo rate unchanged for the second straight meet, RBI Governor Shaktikanta Das said. He maintained that the committee was ready to act should the situation so warrant.Following the review, the MPC decided:To keep the repo rate unchanged at 6.5% unanimously.The standing deposit facility rate, pegged 25 basis points below the repo rate, is at 6.25%.The marginal standing fa…
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This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...
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