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RBI may hike reverse repo rate by 0.25% in next week's policy: Report

The Monetary Policy Committee (MPC) may go for a hike of up to 0.25 per cent in the reverse repo rate at which the RBI absorbs excess liquidity and leave the repo rate at which it lends, to narrow the policy rate corridor, a British brokerage said on Thursday. https://ift.tt/UtsGObdTQ

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