RBI likely to hold repo rate in Oct policy, begin 50-75 bps hike cycle in Dec: BoB

RBI likely to hold repo rate in Oct policy, begin 50-75 bps hike cycle in Dec: BoB

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, supporting steady rates. A rate hike cycle is anticipated to begin in December, amounting to 50-75 basis points.

RBI May Hold Repo Rate in October, Rate Hikes Could Start in December: BoB

New Delhi, Oct 5: The Reserve Bank of India (RBI) may keep the repo rate unchanged at 5.25 per cent in its October monetary policy meeting, while a rate-hike cycle could begin from December, according [...]