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Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures
Source: The Hindu — National · 2 hr ago
Summary
A recent experts’ poll suggests that the Reserve Bank of India could raise its policy rate by a quarter percentage point in its upcoming October meeting because of ongoing inflation pressures. The last increase to the repo rate was made in February 2023, when it was lifted by 0.25% to reach 6.50%.
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From the original report
The last repo rate hike was in February 2023, when the RBI raised the rate by 0.25% to 6.50%
Excerpt from The Hindu — National.
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