RBI Credit Policy: Will loans be cheap or expensive? Decision today
RBI Credit Policy: Will loans be cheap or expensive? Decision today
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The monetary policy committee meeting of the Reserve Bank of India will end today. On Wednesday, RBI will announce a change in interest rates. Experts believe that the central bank can increase interest rates. If this happens, then borrowing from banks can prove to be expensive for you.

The meeting of Reserve Bank of India's monetary policy committee is going to e held on Monday. This is the second time since June when the monetary committee meeting is going on for three days.

From the rising cost of crude oil and the government's decision to announce more MSP for farmers is being seen as a vital discussion topic of the RBI. Some experts say that with the situation in front of the economy, the committee can increase the repo rate by 0.25 per cent.

Edelweiss Securities said in its research report that they do not think the RBI will make any changes in interest rates this time. Although the Global Finance Service Major DBS does not believe this. DBS says that the central bank can increase the repo rate in August.

In its report, DBS said that considering the challenges facing the economy due to the weak rupee and the rising oil prices, the RBI would consider hiking interest rates right. Through this, the RBI will try to gain control over rising inflation.

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