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RBI keeps repo and interest rates unchanged, Sensex in the red
April 07, 2015
Just in: The Reserve Bank of India has kept the repo rates unchanged at 7.50 per cent. RBI governor Raghuram Rajan in his monetary policy announcement at 11
am today announced a status quo on interest rates as well.
Dr Rajan has already cut repo rates twice this year, both times outside the
policy meetings, surprising markets. Immediately after the announcement Nifty and Sensex was in the red.
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