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RBI Governor Shaktikanta Das keeps repo rate unchanged at 6.50 pc

Updated On: 10 August, 2023 12:27 PM IST

The monetary policy committee of the Reserve Bank of India voted unanimously to keep the repo rate unchanged at 6.50 per cent. Experts say this means those with existing home loans should see no change in EMIs. However, the question of whether a borrower should choose a floating or fixed rate going. RBI Governor Shaktikanta Das informed about the unchanged repo rate. 

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