Hike in reverse repo rate likely in early February - Business News: Latest News & Videos about market and economy | Trendmergers

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Hike in reverse repo rate likely in early February

A reverse repo rate hike in the coming monetary policy is a fait accompli given that the overnight call rates have surged past the rate the RBI provides banks for parking their excess funds. If the budget deficit numbers are more than 6.5 percent of the GDP, then even the repo rate hike may be on the table.

from Stocks-Markets-Economic Times
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