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Deven Choksey Research Report
Key highlights:
The repo rate under the liquidity adjustment facility remained unchanged at 6.50%.
The RBI has kept the Standing Deposit Facility rate unchanged at 6.25% and the Marginal Standing Facility rate and the bank rate at 6.75%.
The potential risks are driven by uncertainties linked to heightened global geopolitical tensions, financial market fluctuations, extreme weather events, and the recent increase in global food and metal prices. As a result, it is crucial for the MPC to remain vigilant and closely monitor the evolving inflation outlook.
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