Inflation rate projected at 4.8%, Real GDP at 6.6%

The Reserve Bank of India (RBI)-led Monetary Policy Committee (MPC) announced in its bi-monthly policy decisions on Friday that it will be keeping the repo rate unchanged at 6.5% by 4:2 majority vote. Moreover, SDF and MSF were kept unchanged at 6.25% and 6.25%, respectively as well.

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