Repo Rates in India: Significance, Effects and Current Outlook

Affluence Advisory , Last updated: 13 June 2023  
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The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC) on June 8th 2023, said the repo rate will be unchanged at 6.5 percent. This is for the second time that the central bank has kept the basic rate unchanged. The repo rate in India holds significant importance in the countrys monetary

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