The Reserve Bank of India (RBI) may raise the repo rate at its ongoing monetary policy meeting amid inflation risks, elevated global bond yields and pressure on rupee. Economist Radhika Bhandari expects a rate hike and a shift in policy stance, along with liquidity measures. However, she sees limited chances of a 50-bps hike, warning it could disrupt markets.
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Repo Rate Hike Likely? RBI MPC Meeting In Focus
