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Rate cut expected today as markets awaits RBI monetary policy review

Rate cut expected today as markets awaits RBI monetary policy review
The Reserve Bank of India is likely to announce the Monetary Policy Committee's (MPC) decision on lending rates on Thursday, as the Indian equity markets witness a slow economy and low economic sentiments. There are high expectations of a rate cut announcement by the Reserve Bank of India (RBI) post its monetary policy meet. A rate cut on expected lines would boost the equity indices.

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