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RBI Maintains Repo Rate At 6.5% For Seventh Consecutive Time

The Reserve Bank of India (RBI) has opted to maintain the key repo rate at 6.5% to continue its focus on curbing inflation. This marks the seventh consecutive occasion where the 6-member Monetary Policy Committee (MPC) has chosen to stabilise the policy rates. The standing deposit facility (SDF) and marginal standing facility also remain unaltered at 6.25% and 6.75%, respectively.

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