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The Reserve Bank of India (RBI) has held the repo rate steady at 6.5% for the seventh consecutive time, indicating that rate cuts are unlikely in the near future.
According to a report by Morgan Stanley titled ‘India Economics: Rate Cuts Are Now Off the Table’, economists Upasana Chachra and Bani Gambhir predict that the RBI will maintain current policy rates through 2024-2025. This decision is influenced…
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Source: https://liveindia.tv/rbi-holds-repo-rate-steady-morgan-stanley-predicts-no-rate-cuts/