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Reserve Bank of India's Monetary Policy Committee (MPC) meeting scheduled for April 5, 2024, foreign brokerages and banks have weighed in on the likely trajectory of the repo rate for the fiscal year 2025.

RBI MPC meet FY25: Repo rate to remain steady at 6.5%, suggests consensus among brokerages and banks

March 30, 2024, 03:01 PM - 2 min read

Santanu Sengupta, Chief India Economist at Goldman Sachs India, emphasized the importance of inflation trends, stating, “With 1HCY24 headline inflation still above the RBI’s target, we maintain our view that the RBI will keep the policy repo rate unchanged at 6.5 per cent at the April 5 meeting."

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