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RBI has kept repo rate unchanged at 6.25%

Equitypandit_RBI

On Wednesday, The Reserve Bank of India has kept its key lending rate (the repo rate) unchanged at 6.25 percent.

The RBI Governor Urjit Patel headed six member monetary policy committee (MPC) has also retained the MSF and bank rate at 6.75 percent.

However, the bank has withdrawn the incremental CRR requirement December 10 onward.

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