RBI may hike repo rate by 25 bps in ongoing policy meet: Emkay report

New Delhi [India], April 4 (ANI): The monetary policy committee of the Reserve Bank of India, as it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Financial Services.

"In addition (to the rate hike), the neutral stance will give the MPC flexibility to