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Published 2 years ago

RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts

Summary by Ground News

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days. The existing repo rate of 4.9% is still below the pre-Covid level of 5.15%. The central bank sharply reduced the benchmark rate in 2020 to tide over the pandemic outbreak.

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RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

2 years ago·India

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Business Standard

RBI may raise key policy rate by 25-35 bps to check inflation: Experts

Days after the US Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by 25-35 basis points to check high retail inflation, experts said

2 years ago·India

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RBI Likely To Raise Key Policy Rate By 25-35 Bps To Check Inflation, Say Experts

Days after the U.S. Fed raised the interest rate, the RBI may go in for its third consecutive policy rate hike by 25-35 basis points to check high retail inflation, experts said.The central bank has already announced to gradually withdraw its accommodative monetary policy stance.The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announc…

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RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

2 years ago·India

Read Full Article

Financial Express

RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

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RBI likely to raise key policy rate by up to 35 bps to check inflation, say experts

The Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.

2 years ago·India

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