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Monetary Policy Meet: SBI expects no change in repo rate

Updated : August 01, 2018 12:26 PM IST

The State Bank of India(SBI) is expecting the Reserve Bank of India(RBI) to maintain the current repo rate in Today's monetary policy announcement.

Venkat Nageswar Chalasani, deputy managing director, global markets, SBI, said, "We are looking at the RBI maintaining the same repo rate given the fact that there is not much of a change that happened from the last policy and that they maintained neutral stance last time."

All eyes are on RBI as it is set to announce the decisions taken in the two-day meeting of Monetary Policy Committee (MPC).
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