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Comments from Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life RBI’s Monetary Policy Committee (MPC) hiked the benchmark policy rate (repo rate) by 35 bps to 6.25%. 5 out of 6 MPC members voted in favour of hiking the Repo rate by 35 bps while 1 member voted against the repo rate hike. The … Continue reading RBI hikes repo rate by 35 bps as expected but was a bit hawkish on the margin
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