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RBI Holds Interest Rates Steady Amid Inflation Concerns in February Policy Meet

Summary

The Reserve Bank of India kept its key interest rates unchanged in the February monetary policy announced today. The repo rate remains at 6.50%, as RBI balances inflation risks wit

The Reserve Bank of India kept its key interest rates unchanged in the February monetary policy announced today. The repo rate remains at 6.50%, as RBI balances inflation risks with economic growth concerns. RBI Governor highlighted that inflation is expected to stay above the target range of 4% in the near term, citing food price volatility. The central bank also maintained its GDP growth forecast at 6.1% for the current fiscal year, according to an official statement reported by ANI. Markets reacted positively to the cautious stance.
Feb 15
RBI Holds Interest Rates Steady Amid Inflation Concerns in February Policy Meet

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