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SBI halves Dec rate hike forecast to 0.25 pc

Mumbai: State Bank of India's Economic Research Department on Thursday revised the estimate for RBI's December rate hike to 0.25 per cent, down from the earlier projection of 0.50 per cent.In a note, they attributed the revision to improved external conditions, revival in foreign fund inflows and easing pressure on the rupee.Also Read: India's October retail inflation quickens to 6.09% to breach…

First reported by The Economic Times 1 source
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  1. The Economic Times

    SBI halves Dec rate hike forecast to 0.25 pc (opens The Economic Times in a new tab)

    Mumbai: State Bank of India's Economic Research Department on Thursday revised the estimate for RBI's December rate hike to 0.25 per cent, down from the earlier projection of 0.50 per cent.In a note, they attributed the revision to improved external…

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