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RATES TO FALL DESPITE RBI’S STATUS QUO

Why in news?

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided at a meeting  to keep the interest rates unchanged in the wake of a rise in inflation, but emphasized that there would be space for rate reduction

The RBI decided to keep the repo rate Repo rate Legacy IAS Academy Best IAS academy in Bangalore
Repo Rate and Lending Rates Graph



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