MPC unanimously hikes repo rate by 25 bps to 5.50% and pivots stance to 'calibrated tightening'; Governor Sanjay Malhotra rules out near-term rate cuts as crude and food price pressures mount.
MPC unanimously hikes repo rate by 25 bps to 5.50% and pivots stance to 'calibrated tightening'; Governor Sanjay Malhotra rules out near-term rate cuts as crude and food price pressures mount.
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