Reserve Bank of India (RBI) on Thursday left the key policy rate — repo rate — unchanged at 6.50 per cent. RBI Governor Shaktikanta Das said that the six-member monetary policy committee (MPC) unanimously decided to keep the lending rate unchanged at 6.50 per cent.
The central bank’s committee also retained its withdrawal of accommodation stance to ensure that the retail nflation remains within the target of 4 per cent.
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