The RBI is expected to keep the repo rate unchanged at 5.25% in upcoming policy meetings, as easing US-Iran tensions reduce global uncertainty. BofA Securities said the central bank will remain data-dependent, monitoring monsoon, food inflation, and crude prices. The RBI had retained the rate at June's MPC meeting, lowering GDP growth forecast to 6.6%.
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RBI Likely To Hold Repo Rate At 5.25%: Report
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