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Sunday, September 24, 2023

RBI likely to keep interest rate unchanged as inflation still high: Experts

Experts predict that the Reserve Bank of India (RBI) is likely to maintain the status quo on policy rates at its upcoming monetary policy review meeting in October. The decision is expected due to high retail inflation and the US Federal Reserve's hawkish stance. The RBI has kept the rates unchanged since February, and inflation is still above the target level.

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