RBI Monetary Policy Committee keeps repo rate unchanged at 6.5%, raises GDP forecast to 7.2% and sets inflation at 4.5% for FY25
This marks the eighth consecutive time that the MPC has maintained the policy repo rate at 6.50 per cent. The last adjustment to this rate, when it was increased from 6.25 per cent to 6.50 per cent, occurred on February 8, 2023.
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