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RBI Policy Expectation Quote by Aditya Damani, Credit Fair
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Below Quote on the RBI Policy Expectation quote from Mr. Aditya Damani, Founder & CEO, Credit Fair
"The RBI is expected to carry on with the current stance of 'withdrawal of accommodation, as CPI inflation has gone up to the higher than expected level. The repo rate is likely to remain unchanged. With the US Fed rate hike, possibility of rate cut remains distant. Having said that, MPC will definitely keep an eye on boosting consumer sentiment and capex momentum."
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