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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

Feb 07, 2018, at 09:25 pm

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.