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India Central Bank Leaves Rate Unchanged

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

India's central bank left its key interest rate unchanged at a record low and maintained its 'accommodative' stance as policymakers assessed that the ongoing recovery needs continued policy support.The Monetary Policy Committee of the Reserve Bank of India, led by Governor Shaktikanta Das, unanimously decided to retain the policy repo rate at 4.00 percent.The reverse repo rate was left unchanged a...

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