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RBI keeps repo rate unchanged in latest Policy meeting, warns of tightening monetary conditions

RBI keeps repo rate unchanged in latest Policy meeting, warns of tightening monetary conditions

Mumbai, Feb 7 (IBNS): The Reserve Bank of India (RBI)  in its sixth bi-monthly monetary policy statement for 2017-18 said that it has kept the repo rate ( rate at which the RBI infuses liquidity in the banking system) unchanged at 6 per cent, according to media reports.