New Delhi, Dec. 8 -- Reserve Bank of India's MPC meeting outcome - While RBI kept repo rates unchanged at 6.5 percent on Friday, it also maintained the policy stance as 'withdrawal of accommodation' by 5 out of 6 majority. The announcements are in line with expectations.

However as inflation remains above RBI's target of 4 per cent and the global economic environment remains fragile even though India's growth has been remarkable. The RBI is keeping close watch and is ready to act, trying to balance growth as well as keeping a tab on the inflation.

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