Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday’s review, says bankers; inflation expected to accelerate

The monetary policy committee will start its three-day meeting from 3 October to decide on the fourth bi-monthly monetary policy. After two successive hikes, the repo rate currently stands at 6.50 percent.

The post Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday’s review, says bankers; inflation expected to accelerate appeared first on Firstpost.

from Firstpost https://ift.tt/2OkBpav