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RBI Monetary Policy Review - Repo Up By 35 Basis Points, Inline With Estimates: IDBI Capital

MPC increased the repo rate by 35 bps to 6.25%, in line with market expectations, thereby resulted increase of 225 bps during FY23

<div class="paragraphs"><p>The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai. (Photo: Danish Siddiqui/Reuters)</p></div>
The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai. (Photo: Danish Siddiqui/Reuters)
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