RBI may go in for further 25 basis points rate cut, feel experts4 min read . Updated: 26 Jul 2020, 05:59 PM IST
- The Monetary Policy Committee, headed by RBI governor, is scheduled to meet for three days beginning August 4 and announce its decision on August 6
- The MPC cumulatively cut the policy repo rate by 115 basis points over earlier two meetings- first in March and then again in May 2020
MUMBAI : The Reserve Bank is likely to go in for a minimum 25 basis points cut in key lending rate in the forthcoming monetary policy review as the need to revive the coronavirus-hit economy is pressing notwithstanding marginal uptick in inflation, feel experts.
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