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⚡RBI Keeps Repo Rate Unchanged at 4%, Cuts GDP Growth Projection for FY22 to 9.5%

By Team Latestly

RBI has kept the key rates unchanged in its monetary policy announced on Friday. "RBI keeps interest rates unchanged, continues with accommodative stance to revive and sustain growth on sustainable basis," said RBI Governor Shkatikanta Das .The repo rate is kept at 4 per cent while the RBI's borrowing rate or the reserve repo rate is kept at 3.35 per cent.

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