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RBI Monetary Policy highlight: Stance will continue as long as it necessary to revive growth, says Das.

In its 5th bi-monthly monetary policy statement for 2019-20, the Monetary Policy Committee (MPC), led by RBI Governor Shaktikanta Das, decided to keep the policy repo rate unchanged at 5.15%. The MPC has also slashed GDP growth forecast to 5% from 6.1%. The committee maintained its accomodative stance. The status quo was voted unanimously by all the MPC members.
Last Updated : 05 December 2019, 07:37 IST
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Published 05 December 2019, 04:56 IST

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