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Not disappointing the expectations, the Reserve Bank of India s (RBI) Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. ....
While the rate inaction was expected by almost everyone, there was some debate on whether a more qualified stance may now be forthcoming, writes Suyash Choudhary of Bandhan Asset Management ....
Reserve Bank of India Governor Shaktikanta Das announced 35 basis points rake hike in its bi-monthly monetary policy meeting today. The rate hike was primarily aligned with market expectations of a 25-35 basis points hike. The repo rate now stands at 6.25% from 5.90%. ....
Apart from the decision on the repo rate hike by the Reserve Bank of India s (RBI) Monetary Policy Committee (MPC) at its upcoming meeting, one can also expect few more things post the discussions. ....
The first phase will begin with four banks namely State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank in four cities across the country. ....