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MPC

RBI keeps repo rate unchanged at 6.5 pc

Mumbai, June 8 (UNI) Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.5%.Repo rate refers to…

Rate cut cycle may extend on sub 4% inflation

New Delhi, Policenama Online – With inflation expected to remain below 4 per cent, the RBI has space to cut the lending rate further to revive growth which slipped to six-year low in April-June quarter.The CPI-based inflation is projected…

Sensex up 200 points ahead of MPC decision

Mumbai, Policenama Online – The benchmark Sensex was trading over 200 points higher ahead of the Reserve Bank of India (RBI's) fourth bi-monthly monetary policy decision.At 10.36 a.m., the Sensex was up 201.44 points at 38,308.31 from its…

RBI cuts key lending rate by 25 bps to 5.75%

Mumbai : Policenama Online - In the second bi-monthly monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks by 25 basis points (bps) to 5.75 per cent.…