'RBI to cut repo rate by 25 bps on 2 August'

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/AAoTQcF.img?h=100&w=100&m=6&q=60&o=f&l=fThe Reserve Bank of India (RBI) is expected to go for a 25 basis points (bps) repo rate cut in its policy review meet on 2 August as inflation is likely to have reached a new **rmal of 4%, says an HSBC report

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