Policy Support: RBI MPC Retains Accommodative Stance, Repo Rate ...Middle East

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Policy Support: RBI MPC Retains Accommodative Stance, Repo Rate
Mumbai: The Reserve Bank of India (RBI) on Friday retained its key lending rate during the first monetary policy review of FY23. Besides, the growth-oriented accommodative stance was also retained. Accordingly, the Monetary Policy Committee (MPC) of the central bank maintained the repo rate, or short-term lending rate, for commercial banks, at 4 per cent. […] The post Policy Support: RBI MPC Retains Accommodative Stance, Repo Rate appeared first on Ommcom News.

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