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RBI Monetary Policy LIVE Updates: RBI Monetary Policy LIVE Updates: Repo Rate Hiked by 50 bps; FY23 Inflation, GDP Forecast Retained RBI MPC LIVE Updates: The Reserve Bank of India (RBI) will announce the decisions of its bi-monthly monetary policy on Friday, August 5. India's central bank will increase repo rate in the range of 25-50 basis points. All eyes will be on the forward guidance