Experts’ poll: RBI may hike rates by 0.25% in October policy amid inflationary pressures
The Reserve Bank of India (RBI) is expected to raise the repo rate by 0.25% during its October monetary policy review. This potential increase comes amid rising inflationary pressures linked to the West Asia crisis and global central bank rate hikes. The RBI's last rate hike occurred in February 2023, raising the rate to 6.50%.