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RBI keeps interest rates unchanged

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Reuters MUMBAI

MUMBAI (Reuters) - The Reserve Bank of India kept interest rates unchanged at 8.0 percent on Tuesday as widely expected, staying focused on containing inflation while adopting a more dovish tone in response to the government's call for help to revive economic growth.

Forty-one of 45 economists polled by Reuters had forecast that the RBI would keep the repo rate unchanged at its policy review, while four had expected a reduction of 25 basis points.

(Reporting by Suvashree Dey Choudhury and Rafael Nam; Editing by Simon Cameron-Moore)

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First Published: Dec 02 2014 | 11:14 AM IST

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