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RBI holds repo rate, but changes stance to 'calibrated tightening'
RBI holds repo rate, but changes stance to 'calibrated tightening'

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IANS

Mumbai, Oct 5 (IANS) Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a "calibrated tightening" from the "neutral" stance it has maintained over its six previous policy reviews.

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Update: 05-October-2018

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