RBI MPC: Goldman Sachs predicts 25 bps repo rate cut

Mumbai, Feb 5:The Reserve Bank of India (RBI) is likely to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy meeting (MPC) announcement, Goldman Sachs predicted on Wednesday. The global financial firm believes the cut is necessary due to rising global uncertainties. According to Santanu Sengupta, the India economist at…

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