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MPC minutes: Repo rate was cut as inflation aligned with target, says Guv
  • February 22, 2025
  • by Wealthy Brains
  • Uncategorized
  • 4mins read

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

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