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The Monetary Policy Committee has decided to keep the policy repo rate unchanged at 5.25%, and to maintain a neutral stance, says RBI Governor Sanjay Malhotra.
Sanjay Malhotra says, “The Monetary Policy Committee met on 6th, 7th and briefly today in the morning to deliberate and decide on the policy repo rate.
After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged under the liquidity facility at 5.25%.
Consequently, the STF rate remains at 5% and the MSF rate and the bank rate at 5.5%. The MPC also decided to continue with the neutral stance.”
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