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

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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