APN News

  • Friday, May, 2024| Today's Market | Current Time: 07:54:37
  • The Reserve Bank of India has definitely surprised us again by keeping the repo rate persistent at 6.5%. The decision to keep the repo rate unchanged once more reflects a cautious approach by the RBI to combat inflation in the nation. While some might have anticipated a shift, it seems the authorities are carefully balancing the need to encourage borrowing and investment. This consistent stance on the repo rate could stabilize the markets, instilling confidence among investors, especially since real estate is the most sought-after investment. As we navigate these times, the stable repo rate acts as a steady hand, guiding us through the waves of monetary intricacies.

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