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The Times of India
The Times of India
Business
PTI

HISTORICAL FACTS: Rbi s mpc starts monetary policy review may raise interest rate on friday - The Untold Story

MUMBAI: The Reserve Bank of India's rate-setting panel on Wednesday began its three-day deliberations on the next bi-monthly monetary policy amid expectations of at least a 35-basis-point hike in the interest rate to check high inflation.

If raised, it will be the third consecutive hike in the repo rate -- the short-term rate at which the RBI lends money to banks.

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