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RBI likely to maintain status quo on April 6

RBI likely to maintain status quo on April 6

Monday, April 3, 2017, 9:00 AM

Hardening inflation and global developments may prompt the Reserve Bank to opt for status quo at its first bi-monthly monetary policy for 2017-18 on Thursday (April 6). Rising interest rate in the US provides sufficient indication that benchmark policy rate of RBI is not going to go down but may increase in the future depending on domestic and external factors, according to experts.
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