RBI likely to hold repo rate in Oct policy, begin 50-75 bps hike cycle in Dec: BoB
The Economic Times has reported a new India-focused economy development: “RBI likely to hold repo rate in Oct policy, begin 50-75 bps hike cycle in Dec: BoB.” The publisher's feed describes the story as follows: The Reserve Bank of India is set to maintain the repo rate at 5.25% during the upcoming policy meeting. Despite rising inflation pressures and global economic uncertainty, the rate is expected to remain unchanged. Credit and deposit growth in India currently show strong performance, sup
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