ET Poll Sees RBI Repo Rate Rising to 5.50% in October An ET poll indicates that the Reserve Bank of India may increase the repo rate by 25 basis points to 5.50% at its O...
An ET poll indicates that the Reserve Bank of India may increase the repo rate by 25 basis points to 5.50% at its October policy meeting.
The forecast would represent a 25-basis-point hike in the RBI’s repo rate, taking it to 5.50%. The expectation is based on the findings of an ET poll.
The repo rate is a key policy rate set by the Reserve Bank of India. Any change announced at the October policy review would mark a shift in the central bank’s rate position.
The poll describes the increase as likely, rather than confirmed. The RBI’s final decision will be known when it announces its October policy outcome.
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