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Aug 03, 2015
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RBI may hold repo rate cuts till September
Uncertainty about the progress of the monsoon and its likely impact on retail inflation could see the Reserve Bank of India (RBI) keep its policy repo rate unchanged in the third bi-monthly monetary policy review to be announced on Tuesday.Market players feel that the central bank may prefer to wait till September (for the fourth bi-monthly monetary policy review) before taking a call on cutting the repo rate.
Source -
http://www.thehindubusinessline.com
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