RBI likely to hold repo rate, maintain neutral stance in upcoming MPC review: Nuvama Report

New Delhi [India], February 4 (ANI): The Reserve Bank of India (RBI) is expected to keep the policy repo rate unchanged and maintain a neutral stance in its forthcoming Monetary Policy Committee (MPC) review, according to a report by Nuvama Research.

The report stated that the central bank is likely to remain on hold after cumulative easing of 125 basis points from the peak, which has brought the policy repo rate