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As inflation remains high, RBI likely to retain interest rates

by Blitz India Media
September 25, 2023
in News
RBI

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India in striking distance of taking lead over SA

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NEW DELHI: The Reserve Bank of India (RBI) is likely to maintain status quo on policy rates for the fourth time in a row, as retail inflation continues to remain high. The RBI had raised the benchmark repo rate to 6.5 per cent on February 8 and since then it has retained the rates at the same level in view of the stubbornly high retail inflation.

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