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RBI Governor's address on new monetary policy; Repo, MSF and Reverse Repo rates remain unchanged
Posted
October 9, 2020
Views
54
Likes
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October 9, 2020
54
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1.85%
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23:49Now PlayingReserve Bank Of India Governor Shaktikanta Das addresses on the new monetary policy. MPC members Shashanka Bhide, Jayanth Varma and Ashima Goyal's deliberations and decisions have been taken into consideration. Repo rates, reverse repo rate and the marginal standing facility rate will remain unchanged.
The new monetary policy review was delayed due to new appointments. Repo rate stands unchanged at 4%. The monetary policy committee has observed am an accommodative stance for as long as possible. The deep decline in the economy is behind us. Indian Economy looks resilient. Foodgrain production is set to cross another record in the year 2021.
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