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RBI may shift monetary stance to 'Neutral'; rate cuts likely by December 2024: Nuvama

By Economic Times - 4 weeks ago
RBI Monetary Policy: RBI is set to shift its monetary policy stance to 'neutral' from 'withdrawal of accommodation' this month. Although the repo rate is likely to remain at 6.5%, factors like slowed economic activity, benign core inflation, and weak exports may prompt rate cuts from December.

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