RBI monetary policy: A rate hike scenario is likely to make FD rates attractive | Mint - Mint

RBI began the rate hike cycle in May with a 40 basis points hike in repo rate, which followed another rate hike of 50 basis points in July. That said, the repo rate is currently at 4.90%.

The Reserve Bank of India (RBI) is set to announce the bi-monthly monetary policy later this week. The central bank is expected to hike the repo rate yet again to tame multi-year high inflation. Nota… [+4937 chars]

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