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RBI May Raise Rates By 25 Basis Points In October, Economists Flag Rising Oil Prices And Inflation

RBI May Raise Rates By 25 Basis Points In October, Economists Flag Rising Oil Prices And Inflation
Photo: Free Press Journal · view original

New Delhi: Economists expect the Reserve Bank of India to start raising interest rates at its October policy meeting, as higher oil prices and rising inflation strengthen the case for early action. The Monetary Policy Committee will meet from October 5 to 7 to decide the benchmark repo rate. Some...

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