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RBI lowers GDP growth forecast to 6% for FY21

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RBI lowers GDP growth forecast to 6% for FY21 Mumbai: The Reserve Bank on Thursday expectedly left interest rates unchanged amid uncertain inflation outlook but left the door open for more easing in future even as it took steps to spur credit growth in an economy facing its worst slowdown in over a decade.

With all six members of the RBI Governor Shaktikanta Das- led Monetary Policy Committee voting unanimously, the repurchase or repo rate was maintained at 5.15 per cent while retaining its accommodative stance.

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