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RBI's decision to keep repo rate unchanged expected, but shift to neutral raises hopes for rate cut later: Industry reacts

RBI's decision to keep repo rate unchanged expected, but shift to neutral raises hopes for rate cut later: Industry reacts

Oct 10, 2024, at 02:02 am

Mumbai: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), in its meeting held from October 7 to 9, announced on Wednesday that the benchmark repo rate will remain steady at 6.5 percent.