Un­changed repo rate at 6%,

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The six-mem­ber Mon­e­tary Pol­icy Com­mit­tee (MPC) of the Re­serve Bank of In­dia (RBI) kept the short­term lend­ing rate, also known as repo rate, un­changed at 6 per cent in its fifth bi-monthly pol­icy re­view of the fis­cal year. It also main­tained its neu­tral pol­icy stance. The cen­tral bank kept the pol­icy stance neu­tral with the ob­jec­tive of lim­it­ing the medium-term tar­get for con­sumer price in­dex (CPI) in­fla­tion of 4 per cent within a band of plus/mi­nus 2%, while sup­port­ing growth.

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