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Business Standard
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The Reserve Bank of India opted for the status quo on both interest rates and cash reserve ratio in Wednesday's mid-quarter review of its monetary policy, which pleasantly surprised the market, which had factored in a 25-bp rate hike due to high inflation numbers in November. Here is why the central bank may have decided to hold the repo rate at 7.75%

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First Published: Dec 19 2013 | 12:12 AM IST

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