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RBI monetary policy: Shaktikanta Das led MPC keeps repo rate unchanged at 6.50%
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RBI monetary policy meeting: In a bid to keep the uptrend in micro and macro economic growth in India, Shaktikanta Das led monetary policy committee (MPC) unanimously decided to keep the repo rate unchanged at 6.50 per cent. The RBI monetary policy committee (MPC) announced the first bi-monthly policy for FY24 on April 6.
The MPC, led by RBI Governor Shaktikanta Das, met on April 3, 5 and 6 to review the current monetary policy. In this RBI MPC meeting, experts were expecting 25 bps interest rate hike to 6.75 per cent.
But, RBI MPC thought otherwise and kept repo rate unchanged a 6.50 per cent. (This is a develo0ping story.
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