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Economy

More RBI repo rate cuts in FY20? Here's what brokerages expect

Updated : October 07, 2019 11:51 AM IST

The Monetary Policy Committee (MPC) cut the repo rate by 25 bps to 5.15 percent in its October monetary policy in a bid to boost economic growth.
Going ahead, Edelweiss expects the central bank to take the repo rate to 4.5 percent (another 65 bps cut) by FY20 — India’s lowest policy rate.
CLSA expects one further rate cut in FY21 bringing the repo rate to 4.4 percent in FY21.
More RBI repo rate cuts in FY20? Here's what brokerages expect
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