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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

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Reserve Bank of India RBI | RBI repo rate | RBI rate cut

Press Trust of India  |  New Delhi 

RBI
Monetary Policy Committ­ee (MPC) may look for "unconventional policy measures" to ensure financial stability, the report said

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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First Published: Sat, August 01 2020. 01:14 IST