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Why the RBI’s second successive rate hike is bad news for dealmaking

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Why the RBI’s second successive rate hike is bad news for dealmaking
Credit: Shah Junaid/VCCircle

The Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate for the second time since June, a development that may make it more difficult for companies to close deals in Asia’s third-largest economy. The central bank’s Monetary Policy Committee (MPC) increased the repo rate to 6.5% from 6.25% ......

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