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RBI MPC keeps repo rate unchanged at 4%: Realty sector wants banks to 'sweeten' lending rates

Shortpedia

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RBI's Monetary Policy Committee decided to keep MPC rates unchanged for the seventh time straight and continued with an accommodative stance, citing the need to support ongoing growth recovery amid continued uncertainty and global financial market volatility. at its bi-monthly policy. RBI Governor Shaktikanta Das said that the MPC has decided to leave repo rate unchanged continue with the accommodative stance as long as necessary.