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RBI policy review: MPC likely to cut repo rate by 25 basis points

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All eyes are now set on the Reserve Bank of India’s monetary policy review on Friday, where the central bank is widely expected to cut repo rates. The Reserve Bank of India is set to lower its benchmark repurchase rate for a fifth time this year. The jury is still out on whether the central bank will go for a 25 bps or a deeper rate cut to boost the sagging economy. ET NOW poll also suggests RBI will Maintain an Accommodative stance.

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