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RBI unlikely to cut repo rate in August policy meet, says SBI report

The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4

RBI
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Monetary Policy Committ­ee (MPC) may look for "unconventional policy measures" to ensure financial stability, the report said

Press Trust of India New Delhi
The RBI is likely to leave repo rate unch­a­nged in the next policy review meeting and the Monetary Policy Committ­ee  (MPC) may look for "unconventional policy measures" to ensure financial stability, said an SBI  report. The MPC, headed by RBI Governor, is scheduled to meet for three days beginning August 4.

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