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RBI MPC announcements: Here is how experts watch the changes
In an unscheduled press briefing on Wednesday, the Reserve Financial institution of India (RBI) Governor Shaktikanta Das mentioned that the Financial Policy Committee (MPC) in an off-cycle meet unanimously voted to hike charges. The coverage repo rate has been hiked by 40 bps to 4.40% with quick attain. ET Now caught up with various market experts to impress how a long way this resolution is going to produce an impact within the marketplace.