RBI keeps key interest rates on hold as Covid-19 cases rise ...Middle East

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RBI keeps key interest rates on hold as Covid-19 cases rise
source : Devdiscourse ( Middle East ) () 40
The Reserve Bank of India (RBI) on Wednesday kept interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery after the three-day meeting of its monetary policy committee (MPC). This came amid a sharp new wave of Covid-19 cases in several states and local lockdowns, reigniting uncertainty regarding economic outlook in the immediate term.

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