Tag: Morgan Stanley
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RBI Holds Repo Rate Steady; Morgan Stanley Predicts No Rate Cuts
The Reserve Bank of India (RBI) has held the repo rate steady at 6.5% for the seventh consecutive time, indicating that rate cuts are unlikely in the near future. According to a report by Morgan Stanley titled ‘India Economics: Rate Cuts Are Now Off the Table’, economists Upasana Chachra and Bani Gambhir predict that the…