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Business Tit-Bits: What Mr Modi Can, Mr Das Cannot

The Reserve Bank of India (RBI) has not changed key lending rates, allaying all the fears. Addressing a press conference on Thursday, Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 4 per cent. Das said that the MPC has taken this decision unanimously. Besides, the reverse repo rate has been maintained at 3.35 per cent, marginal standing facility rate at 4.25 per cent and bank rate at 4.25 per cent. In this episode of the Business tit-bits our Business Editor Mr Akhilesh Bhargava shares his take on the matter. #RBI #PMModi #ShaktikantaDas

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