RBI Monetary Policy: Repo Rate Hike Of 50 Bps On The Cards, Shows CNBC-TV18 Poll | Power Breakfast |
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The RBI is all set to reveal the outcome of deliberations at its rate-setting panel — the Monetary Policy Committee — at the end of a three-day meeting on Friday. Economists expect RBI Governor Shaktikanta Das to announce a hike of 50 bps in the repo rate — or the key rate at which the RBI lends short-term funds to commercial banks.
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