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RBI Keeps Repo Rates unchanged

RBI Keeps Repo Rates unchanged

Wednesday, February 8, 2017, 5:06 PM

Monetary Policy Committee led by RBI Governor Urjit Patel, has kept the repo rate unchanged. This is the first monetary policy review after Budget 2017. The repo rate remains unchanged at 6.25%. RBI had cut repo rate by 25 bps, in the October 4th policy review in 2016. This was the first rate cut by Urjit Patel, after he became the Governor of RBI.
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