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RBI lowers GDP growth projection to 9.5 % for 2021-22
The RBI Governor said the RBI will "continue to think and act out of the box", planning for the worst and hoping for the best.
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RBI keeps policy rate unchanged; cuts growth forecast to 9.5%
MPC decided to maintain the status quo, that is keeping the benchmark repurchase (repo) rate at 4%.
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Nomura cuts FY22 growth estimate to 10.8% due to lockdowns
Nomura said its cut in the GDP growth estimate is reflective of a larger lockdown-led loss of sequential momentum in the June quarter
