INDIA BUSINESS HOUR PLUS | Monetary Policy Meeting: Rate Decision to Be Announced Tomorrow | CNBC

The Reserve Bank is unlikely to yield to the India Inc's pressure for a benign monetary policy stance by keeping policy rates unchanged in its first monetary policy review of 2018-19 to be announced on Thursday against the backdrop of hardening global crude oil prices. This would also be the first monetary policy announcement after the Budget, which has slightly deviated from the fiscal consolidation roadmap.

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