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RBI unlikely to raise interest rates soon amid declining crude oil prices, say experts

Reserve Bank of India (RBI) is unlikely to increase policy rate any time soon, according to Piramal Group Chief Economist, Debopam Chaudhuri.The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) is scheduled to meet from August 3 to August 5, 2026, to review key policy rates. [...]