RBI unlikely to cut repo rate in August policy meet, says SBI report

The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4

RBI
Monetary Policy Committ­ee (MPC) may look for "unconventional policy measures" to ensure financial stability, the report said
Press Trust of India New Delhi
1 min read Last Updated : Aug 01 2020 | 1:20 AM IST
The RBI is likely to leave repo rate unch­a­nged in the next policy review meeting and the Monetary Policy Committ­ee  (MPC) may look for "unconventional policy measures" to ensure financial stability, said an SBI  report. The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4.

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Topics :Reserve Bank of India RBIRBI repo rateRBI rate cut

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