According to credit rating agency CARE Ratings, the RBI will continue with its cautious pause with the repo rate at 6.5 per cent….reports Asian Lite News The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5 per cent and there would be no rate hike this fiscal, said economists at credit rating agencies and Bank of Baroda. They also said RBI’s MPC at its upcoming meeting would revise upward the gross domestic product (GDP) forecast. According to credit rating agency CARE Ratings, the...