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CareEdge Research Report
The upcoming Monetary Policy Committee meeting of the Reserve Bank of India, scheduled for this week, is expected to maintain the status quo on the policy repo rate and stance.
The stance is anticipated to remain at 'withdrawal of accommodation,' with the policy repo rate held at 6.5%. This decision is primarily driven by risks to the inflationary outlook.
Although the overall growth rate is expected to remain healthy, the MPC is likely to stay cautious and monitor any emerging risks to inflation.
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