Despite these inflationary pressures, the RBI has opted for a status quo on the repo rate, primarily to support economic recovery post-pandemic
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The repo rate, which has been maintained at 6.5 per cent since it was last increased in February 2023, is widely expected by experts to remain unchanged for the ninth consecutive bi-monthly policy review
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Experts also say that the bond yields will remain range bound with a slight easing bias for now
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Das today unveiled the results of the Monentary Policy Committee meeing, which began its three-day meeting on Wednesday
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