RBI Policy Date, RBI Monetary Policy: The central bank has already slashed the key short-term lending rate (repo) by 100 basis points in three tranches, beginning in February, amid declining consumer price index (CPI) based inflation.
Mumbai:
The Reserve Bank’s Monetary Policy Committee will announce the bi-monthly monetary policy after the three-day deliberations. Ahead of the outcome of the RBI MPC, there are mixed expectations of a 25 basis points rate cut as well as the possibility of the central bank opting for status quo. The central bank has already slashed the key short-term lending rate (repo) by 100 basis points in three tranches, beginning in February, amid declining consumer price index (CPI) based inflation.
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