Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect.
New Delhi: The Reserve Bank of India (RBI) is likely to hold interest rates at its monetary policy review meeting on December second but is expected to lower them by 50 basis points next year,
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