India's central bank left its key interest rate unchanged on Friday and retained its growth projection for the financial year ending March 2022.
The Monetary Policy Committee, led by Governor Shaktikanta Das, kept the policy repo rate steady at 4.0 percent, the Reserve Bank of India said in a statement. The decision was in line with expectations.
The reverse repo rate was left unchanged at 3.35 percent and the marginal standing facility rate and the Bank Rate at 4.25 percent.
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