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RBI keeps repo rate unchanged at 7.5%, EMIs unlikely to fall

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RBI keeps repo rate unchanged at 7.5%, EMIs unlikely to fall

Mumbai, April 7 (ANI): RBI Governor Raghuram Rajan on Tuesday held repo rate unchanged at 7.5 per cent, as expected. A status quo (repo rate, cash reserve ratio stay unchanged) was anticipated because Rajan had earlier this year announced back-to-back repo cuts, both times outside the policy meetings.

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