Kolkata: Will the Reserve Bank of India (RBI) wield the scissor again today, as it did in February, April and June? That’s the question on everyone’s lips this morning, as the Monetary Policy Committee (MPC) prepares to wind up its deliberations o the key interest rates this morning. RBI governor Sanjay Malhotra is supposed to announce the decision of the six-member rate-setting body around 10 am.

The RBI MPC shunned the scissors but brought down the axe on the Repo Rate, slashing a jumbo 50 basis points from it in early June the Repo Rate, bringing it down from 6% to 5.5%. In early February and April, it used the scissors to snip 25 basis points each from the 6.50 Repo Rate brining it down to 6% in April. This time, however, opinions are divided among economists and expert agencies on w

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