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RBI Monetary Policy announced: Central Bank keeps repo rate unchanged at 4%

Shortpedia

Content Team
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The Reserve Bank of India has kept the policy rates unchanged at 4%. The apex bank’s governor Shaktikanta Das said that RBI has successfully navigated its way through choppy seas. With the outbreak of the European war, we are faced with new and enormous obstacles. The European Union's conflict has the potential to disrupt the global economy. Governor Das stated that the global economy has undergone a tectonic upheaval.