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BloombergQuint+ Your Authors @BloombergQuint #India’s premier multi-platform #business and financial #news company. #BQBlue queries: [email protected] Follow: Aug. 06, 2020 1 min read + Your Authors

India's first MPC meets for the last time in its four-year cycle. So far it has voted most for a 'hold' on rates.

Will that continue? 

Economists are split on whether the MPC will cut rates further or hold.

The underlying debate: how far will inflation fall amid the #Covid19 crisis? 

If inflation restricts the MPC from cutting the repo rate, can the RBI step in with out-of-the-box thinking such as an increase in the HTM limit for banks?

Soumyajit Niyogi explains in #BQOpinion. 

Rates in India are still too high given the size of the economic shock, says @jpmorgan's Jahangir Aziz. RBI will need to do a whole lot more, he argues.

Read here: 

You can follow @BloombergQuint.


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