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In an unscheduled press briefing on Wednesday, the Reserve Bank of India (RBI) Governor Shaktikanta Das said that the Monetary Policy Committee (MPC) in an off-cycle meet unanimously voted to hike rates. The policy repo rate has been hiked by 40 bps to 4.40% with immediate effect. ET Now caught up with various market experts to understand how far this decision is going to create an impact on the market.

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