Economy
RBI Likely to Hike Repo Rate by 0.25% Amid Inflation Pressures

RBI Likely to Hike Repo Rate by 0.25% Amid Inflation Pressures

The Hindu2h
THE BRIEF
1

Economists and bankers predict the Reserve Bank of India will raise the repo rate by 0.25% during the October monetary policy review due to rising inflation risks.

2

India's retail inflation accelerated to an eight-month high of 4.82% in August, remaining above the central bank's 4% target for three consecutive months.

3

Experts expect the rate hike to reverse previous pauses and cuts, while ensuring real interest rates do not turn negative in upcoming quarters.