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The Reserve Bank of India (RBI) is expected to maintain the current repo rate of 6.5% during its final monetary policy committee (MPC) meeting of the year next week, according to HDFC Bank. The country's largest private sector bank, in a report, projected that the RBI would hold the repo rate steady, marking the 11th consecutive time since the last hike in February 2023.
Read More »“RBI Expected to Maintain Repo Rate at 6.5% in Upcoming MPC Meeting, Rate Cut Likely in February: Report”
