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Oct 23, 2019 07:38 PM IST | Source: Reuters

Preview: RBI seen cutting rates, but it will be a close call

A Reuters poll last week, conducted before the government presented its annual Budget, showed 28 of 46 participants expected the RBI on Wednesday to cut the repo rate by 25 basis points to 6.0 percent, its lowest since November 2010. Another two expected a 50 bps cut.

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