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Nomura says that RBI may go for rate cut from December. According to Nomura RBI may cut 25 BPS on Friday 6th December. RBI to announce monetary policy tomorrow. Nomura also cuts the estimate of Indian GDP growth. Nomura estimates that Indian Economy to grow at the rate of 6% in FY25. RBI kept the policy rate unchanged since February 2023.

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Published - December 5, 2024, 07:20 IST

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