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Elevated Policy Rate Limits Need For Further Rate Hikes By RBI: S&P

The policy rate now stands at 6.25 per cent.  (File)
The policy rate now stands at 6.25 per cent. (File)
S&P Global Ratings on Tuesday said core inflation in India has been declining sequentially, and an elevated 6.25 per cent policy rate limits the need for further rate hikes.
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