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RBI keeps repo rate unchanged in third straight policy meet

RBI typically conducts six bi-monthly meetings in a financial year, where it decides interest rates, money supply, inflation outlook, and various macroeconomic indicators

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RBI Governor Shaktikanta Das. Pic/PTI

RBI Governor Shaktikanta Das. Pic/PTI

The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.

RBI Governor Shaktikanta Das on Thursday at a press conference said, "Monetary Policy Committee decided unanimously to keep the Repo Rate unchanged at 6.50%."

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