Will Reserve Bank Of India Hike Repo Rate By 35 Bps Or 50 Bps
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businesstoday.in
Will Reserve Bank Of India Hike Repo Rate By 35 Bps Or 50 Bps
The Reserve Bank's rate-setting panel started brainstorming for the next round of monetary policy amid expectations of a moderate interest rate hike of 25-35 basis points as inflation has started showing signs of easing and economic growth tapering.The RBI has hiked key benchmark lending rate by 50 basis points (bps) thrice since June over and ...
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4.5K views · 23 reactions | The Reserve Bank of India keeps the repo and reverse repo rate unchanged while maintaining its accommodative stance. The reverse repo rate (RBI’s borrowing rate) will remain unchanged at 3.35% while the marginal standing facility (MSF) rate will remain at 4%. RBI Governor Shaktikanta Das said that the MPC voted to maintain status quo on repo rate at 4%. | The Times of India | Facebook
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