RBI to cut policy repo rate by 25 bp on Dec 5: HSBC
New Delhi, Dec 1 (IANS) Since inflation is set to remain well below target for the foreseeable future, HSBC Global Investment Research on Monday projected that the RBI will cut rates by 25 bp during its monetary policy committee (MPC) meeting on December 5 -- taking the policy repo rate to 5.25 per cent.