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Experts say RBI may cut repo rate by 60
December 5, 2019 | By Moneycontrol.com
business
A rate cut generally augurs well for companies that are debt-laden (as it reduces interest cost), banks as well as, non-banking financial companies (NBFCs) as it brings down the cost of funds. For the real estate sector, a fall in interest rates means lower E…
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The Monetary Policy Committee (MPC) on December 5 unanimously decided to keep the repo rate unchanged at 5.15 percent in its sixth bi-monthly policy meeting while retaining an accommodative stance. Even though the D-Street was expecting a 25 bps rate cut at
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