RBI Repo Rate Announcement Tomorrow
Market circles are eagerly awaiting the repo rate announcement that the RBI will make tomorrow. The Monetary Policy Committee (MPC) meeting, which began on Tuesday under the chairmanship of RBI Governor Sanjay Malhotra, will announce its decisions on Friday. With the GDP growth rate on a strong upward trend, there is considerable anticipation regarding the RBI's announcement. A reduction in the repo rate would benefit the common man, as interest rates on home, vehicle, and personal loans would decrease.
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